Company Overview
Western Isles Community Radio is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Monday 01 March 1993, so this is a well established company. Western Isles Community Radio has been in business for 33 years and 1 month. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

26 Lewis Street, Stornoway, Isle Of Lewis, HS1 2JF
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Companies House Data
Company NameWESTERN ISLES COMMUNITY RADIO
Company NumberSC142936
Registered Office Address26 Lewis Street
 Stornoway
 HS1 2JF
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/03/1993
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 Date29/03/2017
Returns Last Made Up Date01/03/2016
Previous Company NameChanged Date
WESTERN ISLES COMMUNITY RADIO LIMITED30 Nov 2023
Directors & Members
Show Resigned
Rodney Collins - Director
(British, 77 years old, born May 1949)
Appointed 16 July 2018
 Active
Glenn Denny - Director
(British, 51 years old, born November 1975)
Appointed 16 July 2018
 Active
Duncan MacIntyre - Director
(British, 63 years old, born July 1963)
Appointed 19 November 2018
 Active
Maryanne MacLeod - Director
(British, 51 years old, born February 1975)
Appointed 16 July 2018
 Active
David Morrison - Director
(British, 63 years old, born June 1963)
Appointed 20 January 2001
 Active
Angusina Stewart - Director
(British, 74 years old, born June 1952)
Appointed 16 July 2018
 Active
Secretaries
Show Resigned
Other Company Directorships
Rodney Collins
No companies found
Glenn Denny
No companies found
Duncan MacIntyre
HEBRIDES ALPHA TRADING C.I.C
Maryanne MacLeod
No companies found
David Morrison
THE BAYHEAD BRIDGE CENTRE
Angusina Stewart
SYT LAND LIMITED
URRAS EAGLAIS NA H-AOIDHE
URRAS STORAS AN RUBHA
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 90,212 90,212 95,854
Current Assets 31,943 31,943 25,090
Creditors Due Within One Year 38,336 38,336 22,251
Working Cap -6,393 -6,393 2,839
Total Assets Less Current Liabilities 83,819 83,819 98,693
Long-term Liabilities 60,123 60,123 68,644
Net Assets 23,696 23,696 30,049
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 23,696 23,696 30,049
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 73.9% 73.9% 79.3%
Stocks Inventory - - -
Debtors 5.6% 5.6% 7.2%
Cash Bank In Hand 20.6% 20.6% 13.6%
Current Assets 26.1% 26.1% 20.7%
Creditors Due Within One Year 31.4% 31.4% 18.4%
Net Current Assets Liabilities -5.2% -5.2% 2.3%
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 19.4% 19.4% 24.8%
Capital Employed - - -
Total Assets Less Current Liabilities 68.6% 68.6% 81.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.8 0.8 1.1
Solvency Ratio 1.2 1.2 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 122,155 122,155 120,944
Debt 98,459 98,459 90,895
Net Assets/Debt 23,696 23,696 30,049

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.

As at the balance sheet date short term liquid assets were less than current debt. 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 presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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.As at the balance sheet date short term liquid assets were less than current debt. 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 presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   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.As at the balance sheet date short term liquid assets were less than current debt. 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 presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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
Confirmation statement made on 1 March 2025 with no updates
Termination of appointment of Edmond Hallahan as a director on 26 April 2024
Confirmation statement made on 1 March 2024 with no updates
Resolutions
Memorandum and Articles of Association
Certificate of change of name
Resolutions
Statement of Company's objects
Confirmation statement made on 1 March 2023 with no updates
Confirmation statement made on 1 March 2022 with no updates
Confirmation statement made on 1 March 2021 with no updates
Confirmation statement made on 1 March 2020 with no updates
Satisfaction of charge 1 in full
Confirmation statement made on 1 March 2019 with no updates
Appointment of Mr Duncan Stuart Macintyre as a director on 19 November 2018
Appointment of Mr Edmond Hallahan as a director on 1 October 2018
Appointment of Mrs Maryanne Macleod as a director on 16 July 2018
Appointment of Mr Rodney Ian Collins as a director on 16 July 2018
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