Company Overview
Tky Group 2 Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 10 May 1999, so this is a well established company. Tky Group 2 Ltd has been in business for 26 years and 10 months. The accounts status is total exemption full and the accounts are next due on Monday 31 March 2025.
Registered Address

C/O Grainger Corporate Rescue & Recovery Third Floor, 65 Bath Street, Glasgow, G2 2BX
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Companies House Data
Company NameTKY GROUP 2 LTD
Company NumberSC196063
Registered Office AddressC/O Grainger Corporate Rescue & Recovery Third Floor
 65 Bath Street
 G2 2BX
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date10/05/1999
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2025
Accounts Last Made Up Date30/06/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date28/07/2016
Returns Last Made Up Date30/06/2015
Previous Company NameChanged Date
THE TURNKEY GROUP LIMITED20 Jul 2023
Directors & Members
Show Resigned
Anthony Wood - Director
(British, 51 years old, born August 1975)
Appointed 28 August 2009
 Active
Barry Wood - Director
(British, 82 years old, born December 1944)
Appointed 01 January 2010
 Active
Secretaries
Show Resigned
Other Company Directorships
Anthony Wood
GOODWOOD (BIDCO) LIMITED
GOODWOOD (MIDCO 1) LIMITED
GOODWOOD (MIDCO 2) LIMITED
GOODWOOD (TOPCO) LIMITED
KICK BUSINESS SOFTWARE LIMITED
KICK INFRASTRUCTURE SOLUTIONS LIMITED
PILMUIR LOCH LIMITED
THE TURNKEY GROUP LIMITED
TURNKEY (GLOBAL) LIMITED
TURNKEY COMPUTER TECHNOLOGY LIMITED
TURNKEY HOLDINGS (SCOTLAND) LIMITED
TURNKEY INSOLVENCY SERVICES LIMITED
WOOD (GP)
Barry Wood
1314 STIRLING LIMITED
GOODWOOD (TOPCO) LIMITED
KICK BUSINESS SOFTWARE LIMITED
KICK INFRASTRUCTURE SOLUTIONS LIMITED
MULSANNE INVESTMENTS (UK) LIMITED
TURNKEY (GLOBAL) LIMITED
TURNKEY COMPUTER TECHNOLOGY LIMITED
WOOD (GP)
Balance Sheet Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 20,000,000 20,000,000 20,150,841
Current Assets 0 0 1,889,969
Creditors Due Within One Year 1,949,998 1,949,998 3,976,410
Working Cap -1,949,998 -1,949,998 -2,086,441
Total Assets Less Current Liabilities 18,050,002 18,050,002 18,064,400
Long-term Liabilities 0 0 0
Net Assets 18,050,002 18,050,002 18,064,400
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 18,050,002 18,050,002 18,064,400
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 100.0% 100.0% 91.4%
Stocks Inventory - - -
Debtors - - 2.1%
Cash Bank In Hand - - 6.2%
Current Assets 0.0% 0.0% 8.6%
Creditors Due Within One Year 9.7% 9.7% 18.0%
Net Current Assets Liabilities -9.7% -9.7% -9.5%
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 90.3% 90.3% 82.0%
Capital Employed - - -
Total Assets Less Current Liabilities 90.3% 90.3% 82.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Liquidity Ratio 0.0 0.0 0.5
Solvency Ratio 10.3 10.3 5.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Assets 20,000,000 20,000,000 22,040,810
Debt 1,949,998 1,949,998 3,976,410
Net Assets/Debt 18,050,002 18,050,002 18,064,400

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.

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 has some deficiency. The balance sheet indicates the net assets of a good sized company. 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 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  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.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 has some deficiency. The balance sheet indicates the net assets of a good sized company. 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 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.  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.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 has some deficiency. The balance sheet indicates the net assets of a good sized company. 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 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
Final Gazette dissolved following liquidation
Satisfaction of charge 1 in full
Memorandum and Articles of Association
Resolutions
Termination of appointment of Adam Inglis Armstrong as a director on 17 July 2024
Termination of appointment of Barry Ivor Wood as a secretary on 17 July 2024
Change of details for Turnkey Holdings (Scotland) Limited as a person with significant control on 5 July 2023
Registered office address changed from Thornton Lodge East Kilbride Road Clarkston Glasgow G76 9HW to C/O Grainger Corporate Rescue & Recovery Third Floor 65 Bath Street Glasgow G2 2BX on 5 October 2023
Resolutions
Certificate of change of name
Resolutions
Confirmation statement made on 30 June 2023 with no updates
Amended total exemption full accounts made up to 30 June 2021
Confirmation statement made on 30 June 2022 with no updates
Notification of Turnkey Holdings (Scotland) Limited as a person with significant control on 6 April 2016
Cessation of Turnkey Holdings (Scotland) Limited as a person with significant control on 1 January 2022
Change of details for Turnkey Holdings (Scotland) Limited as a person with significant control on 1 January 2022
Notification of Turnkey Holdings (Scotland) Limited as a person with significant control on 1 January 2022
Confirmation statement made on 30 June 2021 with no updates
Confirmation statement made on 30 June 2020 with no updates
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