Company Overview
Project Ability Limited is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Wednesday 25 April 1984, so this is a well established company. Project Ability Limited has been in business for 41 years and 11 months. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.
Registered Address

103 Trongate, Glasgow, Lanarkshire, G1 5HD
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Companies House Data
Company NamePROJECT ABILITY LIMITED
Company NumberSC087782
Registered Office Address103 Trongate
 G1 5HD
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date25/04/1984
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 Date28/04/2017
Returns Last Made Up Date31/03/2016
Directors & Members
Show Resigned
Irene Brodie - Director
(British, 60 years old, born April 1966)
Appointed 24 July 2023
 Active
Wendy Burton - Director
(British, 59 years old, born June 1967)
Appointed 18 March 2019
 Active
Stevi Campbell - Director
(British, 39 years old, born January 1987)
Appointed 01 February 2026
 Active
Catherine Dowling - Director
(Scottish, 66 years old, born March 1960)
Appointed 24 July 2023
 Active
Allison Gibson - Director
(British, 50 years old, born July 1976)
Appointed 21 September 2017
 Active
Phoebe Holford - Director
(British, 35 years old, born March 1991)
Appointed 01 February 2026
 Active
Secretaries
Show Resigned
Other Company Directorships
Irene Brodie
LEGG MASON INVESTMENT FUNDS LIMITED
LEGG MASON INVESTMENTS (EUROPE) LIMITED
Wendy Burton
No companies found
Stevi Campbell
No companies found
Catherine Dowling
No companies found
Allison Gibson
No companies found
Phoebe Holford
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2012 31-Mar-2011
Balance Sheet
Fixed Assets 52,010 52,010 71,707
Current Assets 206,821 206,821 230,856
Creditors Due Within One Year 98,515 98,515 102,760
Working Cap 108,306 108,306 128,096
Total Assets Less Current Liabilities 160,316 160,316 199,803
Long-term Liabilities 0 0 0
Net Assets 160,316 160,316 199,803
Share Capital & Reserves
Share Cap 0 0 0
Profit & Loss Reserves 160,316 160,316 199,803
Other Reserves 0 0 0
Shareholders Funds 160,316 160,316 199,803
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2012 31-Mar-2011
Tangible Fixed Assets - - -
Fixed Assets 20.1% 20.1% 23.7%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 9.8% 9.8% 12.9%
Cash Bank In Hand 70.1% 70.1% 63.4%
Current Assets 79.9% 79.9% 76.3%
Creditors Due Within One Year 38.1% 38.1% 34.0%
Net Current Assets Liabilities 41.8% 41.8% 42.3%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 61.9% 61.9% 66.0%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 61.9% 61.9% 66.0%
Shareholder Funds 61.9% 61.9% 66.0%
Capital Employed - - -
Total Assets Less Current Liabilities 61.9% 61.9% 66.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2012 31-Mar-2011
Liquidity Ratio 2.1 2.1 2.2
Solvency Ratio 2.6 2.6 2.9
Reserves to Assets 0.6 0.6 0.7
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-2012 31-Mar-2011
Assets 258,831 258,831 302,563
Debt 98,515 98,515 102,760
Net Assets/Debt 160,316 160,316 199,803

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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
Termination of appointment of David William Hicks as a director on 2 March 2026
Director's details changed for Ms Stevie Campbell on 20 February 2026
Appointment of Mr Simon Reekie as a director on 1 February 2026
Appointment of Mr Derek Wright as a director on 1 February 2026
Appointment of Ms Phoebe Holford as a director on 1 February 2026
Appointment of Ms Stevie Campbell as a director on 1 February 2026
Appointment of Mr David William Hicks as a director on 1 February 2026
Termination of appointment of Murray Ferguson Wilson as a secretary on 31 October 2025
Appointment of Ms Roisin Murray as a secretary on 22 September 2025
Termination of appointment of Ann Margaret Downie as a director on 22 September 2025
Termination of appointment of Louise Briggs as a director on 22 September 2025
Confirmation statement made on 31 March 2025 with no updates
Termination of appointment of Colin Lamb as a director on 18 November 2024
Confirmation statement made on 31 March 2024 with no updates
Appointment of Ms Louise Briggs as a director on 24 July 2023
Appointment of Ms Catherine Ann Dowling as a director on 24 July 2023
Appointment of Ms Irene Macdonald Brodie as a director on 24 July 2023
Termination of appointment of Fiona Greer as a director on 24 July 2023
Confirmation statement made on 31 March 2023 with no updates
Termination of appointment of Georgia Bridgwood as a director on 16 January 2023
Appointment of Ms Carol Pert as a director on 16 May 2022
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