Company Overview
Snowdrift Dry Cleaners Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Thursday 04 June 2015, so this is a well established company. Snowdrift Dry Cleaners Limited has been in business for 10 years and 9 months. The accounts status is total exemption full and the accounts are next due on Thursday 31 January 2019.
Registered Address

441 Gateford Road, Worksop, S81 7BN
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Companies House Data
Company NameSNOWDRIFT DRY CLEANERS LIMITED
Company Number09623376
Registered Office Address441 Gateford Road
 S81 7BN
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date04/06/2015
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2019
Accounts Last Made Up Date30/04/2017
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date02/07/2017
Returns Last Made Up Date04/06/2016
Previous Company NameChanged Date
SMART AND KLEEN LAUNDRY LTD11 Mar 2016
Directors & Members
Show Resigned
Stuart Harris - Director
(British, 44 years old, born July 1982)
Appointed 25 October 2015
Active
Simon Williams - Director
(British, 61 years old, born February 1965)
Appointed 23 March 2016
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 30-Apr-2017 30-Apr-2016
Balance Sheet
Fixed Assets 135,806 0
Current Assets 280,142 1
Creditors Due Within One Year 380,086 0
Working Cap -99,944 1
Total Assets Less Current Liabilities 35,862 1
Long-term Liabilities 0 0
Net Assets 35,862 1
Share Capital & Reserves
Share Cap 1,000 1
Profit & Loss Reserves 34,862 0
Other Reserves 0 0
Shareholders Funds 35,862 1
Common Size Financial Analysis Unlock full report
Accounts Date 30-Apr-2017 30-Apr-2016
Tangible Fixed Assets - -
Fixed Assets 32.6% 0.0%
Stocks Inventory 5.0% 0.0%
Debtors 0.0% 0.0%
Cash Bank In Hand 3.8% 0.0%
Current Assets 67.4% 100.0%
Creditors Due Within One Year 91.4% 0.0%
Net Current Assets Liabilities -24.0% 100.0%
Creditors Due After One Year 0.0% 0.0%
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability 8.6% 100.0%
Called Up Share Capital 0.2% 100.0%
Share Capital Allotted Called Up Paid 0.2% 100.0%
Profit Loss Account Reserve 8.4% 0.0%
Shareholder Funds 8.6% 100.0%
Capital Employed - 100.0%
Total Assets Less Current Liabilities 8.6% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Apr-2017 30-Apr-2016
Liquidity Ratio 0.7 1.0
Solvency Ratio 1.1
Reserves to Assets 0.1 0.0
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 30-Apr-2017 30-Apr-2016
Assets 415,948 1
Debt 380,086 0
Net Assets/Debt 35,862 1
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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock 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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

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
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Document Filings
Satisfaction of charge 096233760002 in full
Satisfaction of charge 096233760001 in full
Order of court to wind up
Registered office address changed from C/O Integra Advisers Llp Wakefield Road Denby Dale Huddersfield HD8 8QJ England to 441 Gateford Road Worksop S81 7BN on 18 January 2019
Termination of appointment of Arthur Haldane Stuart Harris as a director on 30 April 2018
Registration of charge 096233760002, created on 23 March 2018
Registration of charge 096233760001, created on 23 March 2018
Confirmation statement made on 1 February 2018 with no updates
Registered office address changed from 65a London Road Newark Nottinghamshire NG24 1RZ England to C/O Integra Advisers Llp Wakefield Road Denby Dale Huddersfield HD8 8QJ on 31 January 2018
Confirmation statement made on 1 February 2017 with updates
Appointment of Mr Arthur Haldane Stuart Harris as a director on 25 October 2016
Annual return made up to 4 June 2016 with full list of shareholders
Previous accounting period shortened from 30 June 2016 to 30 April 2016
Appointment of Mr Simon Richard Williams as a director on 23 March 2016
Certificate of change of name
Termination of appointment of Brian David Moore as a director on 1 February 2016
Appointment of Mr Stuart Scott Harris as a director on 25 October 2015
Registered office address changed from 63 Rothwell Road Newcastle upon Tyne NE3 1UA United Kingdom to 65a London Road Newark Nottinghamshire NG24 1RZ on 26 October 2015
Incorporation

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