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Scotco (Northern) Limited

09294355

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

LOFTHOUSE BURNDEN WAY, BOLTON, BL6 6JW
Incorporated 04/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Russell James Colaco

director · Since 25/04/2025

CHIEF EXECUTIVE OFFICER

CANADIAN · UNITED STATES · Age 53

Also on 27 other boards

Persons with Significant Control

Scotco Central Limited

75–100% shares
75–100% votes
Appoint directors

Waterside Head Office, Haslingden Road, Blackburn, BB1 2FA

Reg: 09950817 · Companies House · Private Company Limited By Shares

Notified 29/10/2023

Former PSCs

Mrs Lesley Herbert

Ceased 10/03/2020

Mr Andrew Gerald Purnell

Ceased 26/06/2017

Mr Michael Arthur Herbert

Ceased 26/06/2017

Scotco (Eastern) Limited

Ceased 10/03/2020

Optima Bidco (Jersey) Limited

Ceased 10/03/2020

Mr Zuber Vali Issa

Ceased 10/03/2020

Mr Mohsin Issa

Ceased 10/03/2020

Tdr Capital General Partner Iii Limited

Ceased 10/03/2020

Euro Garages Limited

Ceased 29/10/2023

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC (AS SECURITY AGENT) (00014259)

Created 09/04/2018Registered 20/04/2018Satisfied 13/03/2020
Charge
satisfied

HSBC BANK PLC (AS SECURITY AGENT) (00014259)

Created 09/04/2018Registered 20/04/2018Satisfied 13/03/2020
Charge
satisfied

HSBC BANK PLC (AS SECURITY AGENT) (00014259)

Created 09/04/2018Registered 20/04/2018Satisfied 13/03/2020
Charge
satisfied

HSBC BANK PLC (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUMENT)).

Created 26/03/2018Registered 29/03/2018Satisfied 13/03/2020
Charge
satisfied

AIB GROUP (UK) PLC

Created 23/12/2016Registered 09/01/2017Satisfied 12/04/2018
Charge
satisfied

AIB GROUP (UK) PLC

Created 23/12/2016Registered 09/01/2017Satisfied 12/04/2018
Charge
satisfied

AIB GROUP (UK) PLC

Created 23/12/2016Registered 09/01/2017Satisfied 12/04/2018
Charge
satisfied

AIB GROUP (UK) PLC

Created 23/12/2016Registered 09/01/2017Satisfied 12/04/2018
Charge
satisfied

AIB GROUP (UK) PLC

Created 23/12/2016Registered 09/01/2017Satisfied 12/04/2018
Charge
satisfied

AIB GROUP (UK) PLC

Created 23/12/2016Registered 09/01/2017Satisfied 12/04/2018
Charge
satisfied

AIB GROUP (UK) PLC

Created 13/12/2016Registered 19/12/2016Satisfied 12/04/2018
Charge
satisfied

AIB GROUP (UK) PLC

Created 28/11/2016Registered 15/12/2016Satisfied 23/04/2018
Charge
satisfied

AIB GROUP (UK) PLC

Created 01/12/2016Registered 09/12/2016Satisfied 11/12/2018
Charge
satisfied

AIB GROUP (UK) P.L.C.

Created 28/11/2016Registered 08/12/2016Satisfied 23/04/2018

CompanyRankvs 15+ SIC 56103 peers
19

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. Material uncertainty related to going concern We draw attention to note 3 to the financial statements, which indicates that the accounts have been prepared on a going concern basis, the validity of which depends on the continued support

Key FinancialsYear ending 31/12/2020

Turnover

£16.4M

Annual revenue

Net Worth

-£4.2M

Balance sheet strength

Cash

£147k

Cash in the bank

Profit Before Tax

-£4.9M

Bottom line earnings

Net Current Assets

-£4.7M

Working capital

Current Assets

£147k

Current Liabilities

£4.8M

Fixed Assets

£500k

Debtors

£4.8M

Cost of Sales

£10.3M

Gross Profit

£6.1M

Admin Expenses

£83k

Operating Profit

£723k

Profit After Tax

£0

458avg. employees

Tax at Year End

Corp tax£156k

People Costs

Wages & salaries£4.4M
NI contributions£196k

Balance Sheet

Intangible assets£2.4M
Assets less current liabilities-£4.2M
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20200.03-£4.7M
20190.28+£194k
20182.14—

Derived from filed accounts. Not audited figures.