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Scotco Ni Limited

10127731

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

LOFTHOUSE BURNDEN WAY, BOLTON, BL6 6JW
Incorporated 15/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

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

Eg Group Limited

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

Lofthouse, Burnden Way, Bolton, BL6 6JW

Reg: 09826582 · Companies House · Private Limited Company

Notified 25/03/2026

Former PSCs

Mrs Lesley Elizabeth Herbert

Ceased 10/03/2020

Scotco Central Limited

Ceased 10/02/2020

Scotco Central Limited

Ceased 10/03/2020

Optima Bidco (Jersey) Limited

Ceased 10/03/2020

Tdr Capital General Partner Iii Limited

Ceased 10/03/2020

Mr Mohsin Issa

Ceased 10/03/2020

Mr Zuber Vali Issa

Ceased 10/03/2020

Scotco Midlands Limited

Ceased 10/03/2020

Eg Finco Limited

Ceased 25/03/2026

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC (AS SECURITY AGENT)

Created 10/07/2017Registered 12/07/2017Satisfied 12/03/2020
Charge
satisfied

LLOYDS BANK PLC

Created 04/04/2017Registered 06/04/2017Satisfied 12/07/2017
Charge
satisfied

LLOYDS BANK PLC

Created 04/04/2017Registered 06/04/2017Satisfied 12/07/2017
Charge
satisfied

LLOYDS BANK PLC (AS SECURITY AGENT)

Created 28/11/2016Registered 30/11/2016Satisfied 12/07/2017

CompanyRankvs 15+ SIC 56102 peers
17

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity10 years trading (max 15) · 10/15
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.

Longevity10/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2020

Turnover

£29.9M

Annual revenue

Net Worth

£5.8M

Balance sheet strength

Cash

£3.9M

Cash in the bank

Profit Before Tax

£602k

Bottom line earnings

Net Current Assets

-£23.0M

Working capital

Current Assets

£6.9M

Current Liabilities

£29.9M

Fixed Assets

£29.3M

Debtors

£2.6M

Cost of Sales

£17.9M

Gross Profit

£12.0M

Admin Expenses

£12.6M

Operating Profit

£602k

Profit After Tax

£632k

688avg. employees-49

Tax at Year End

Corp tax£201k

Director Loans(2019)

Directors owe company£32k

People Costs

Wages & salaries£9.2M
NI contributions£542k

Balance Sheet

Intangible assets£23.2M
Assets less current liabilities£6.3M
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20200.23+£632k
20190.11-£408k
20180.43

Derived from filed accounts. Not audited figures.