Company Overview
Circulate Plus Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 18 March 2021. Circulate Plus Ltd has been in business for 5 years. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.
Registered Address

15 Strathburn Gardens, Inverurie, Aberdeenshire, AB51 4RY
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Companies House Data
Company NameCIRCULATE PLUS LTD
Company NumberSC692699
Registered Office Address15 Strathburn Gardens
 AB51 4RY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/03/2021
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date15/04/2022
Directors & Members
Jonathan Buckland - Director
(British, 43 years old, born December 1983)
Appointed 18 March 2021
 Active
Bruce Jepp - Director
(British, 56 years old, born October 1970)
Appointed 10 December 2021
 Active
David Walker - Director
(British, 59 years old, born March 1967)
Appointed 18 March 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Jonathan Buckland
WESTFIELD ENGINEERING & TECHNOLOGY LTD
Bruce Jepp
ABLE GLOBAL CONSULTANTS LIMITED
CFF TECHNOLOGIES LIMITED
CLAYMORE EXPORTS LIMITED
TITAN ENERGIES LIMITED
TITAN TOOLS GROUP LIMITED
TITAN TOOLS SERVICES LIMITED
David Walker
ADAPTIVE PROCESS SOLUTIONS LTD
BADGER BUILDINGS LIMITED
BB MINTO LIMITED
CATESBI COMMUNITY INTEREST COMPANY
CELERIS ENGINEERING LIMITED
CRAIGENTATH LTD
EFC GROUP LIMITED
EFCL REALISATIONS LIMITED
HEAVY LIFT PROJECTS LTD
O M HOLDINGS LTD
OILFIELD MACHINERY LIMITED
ONESUBSEA OPERATIONS LIMITED
RIGMAR FABRICATION LIMITED
RIGMAR SERVICES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 21,000 21,000 23,495
Current Assets 11,743 11,743 20,138
Creditors Due Within One Year 98,598 98,598 82,597
Working Cap -86,855 -86,855 -62,459
Total Assets Less Current Liabilities -65,855 -65,855 -38,964
Long-term Liabilities 0 0 0
Net Assets -65,855 -65,855 -38,964
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -65,855 -65,855 -38,964
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 64.1% 64.1% 53.8%
Stocks Inventory - - -
Debtors 35.0% 35.0% 45.9%
Cash Bank In Hand 0.9% 0.9% 0.3%
Current Assets 35.9% 35.9% 46.2%
Creditors Due Within One Year 301.1% 301.1% 189.3%
Net Current Assets Liabilities -265.3% -265.3% -143.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -201.1% -201.1% -89.3%
Capital Employed - - -
Total Assets Less Current Liabilities -201.1% -201.1% -89.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 0.1 0.1 0.2
Solvency Ratio 0.3 0.3 0.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 32,743 32,743 43,633
Debt 98,598 98,598 82,597
Net Assets/Debt -65,855 -65,855 -38,964

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around AB51 4RY
MOUNTWEST 113 LIMITED
43 Strathburn Gardens, Inverurie, Aberdeenshire, AB51 4RY
KDJH ENGINEERING LTD
33 STRATHBURN GARDENS, INVERURIE, ABERDEENSHIRE, AB51 4RY
Document Filings
Confirmation statement made on 16 June 2025 with updates
Confirmation statement made on 16 June 2024 with updates
Sub-division of shares on 3 January 2024
Memorandum and Articles of Association
Resolutions
Statement of capital following an allotment of shares on 14 March 2024
Confirmation statement made on 16 June 2023 with no updates
Change of details for Mr Jonathan Peter Buckland as a person with significant control on 17 January 2023
Director's details changed for Mr Jonathan Peter Buckland on 17 January 2023
Registered office address changed from 5 Westfield Gardens Inverurie AB51 4QL Scotland to 15 Strathburn Gardens Inverurie Aberdeenshire AB51 4RY on 19 January 2023
Confirmation statement made on 16 June 2022 with updates
Memorandum and Articles of Association
Resolutions
Appointment of Mr Bruce Thornton Jepp as a director on 10 December 2021
Statement of capital following an allotment of shares on 10 December 2021
Confirmation statement made on 16 June 2021 with updates
Change of details for Mr Jonathan Peter Buckland as a person with significant control on 31 May 2021
Incorporation
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