Company Overview
Tgsc Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 04 May 2001, so this is a well established company. Tgsc Limited has been in business for 24 years and 10 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 March 2027.
Registered Address

Portrona House, Rigs Road, Stornoway, HS1 2RF
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Companies House Data
Company NameTGSC LIMITED
Company NumberSC218883
Registered Office AddressPortrona House
 Rigs Road
 HS1 2RF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/05/2001
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2027
Accounts Last Made Up Date30/06/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date01/06/2017
Returns Last Made Up Date04/05/2016
Directors & Members
Show Resigned
Donald Morrison - Director
(British, 77 years old, born November 1949)
Appointed 04 July 2001
 Active
Ann Morrison - Director
(Scottish, 59 years old, born July 1967)
Appointed 01 December 2015
 Active
Secretaries
Show Resigned
Other Company Directorships
Donald Morrison
PORTRIGS LIMITED
RATHCONE LIMITED
Ann Morrison
ACAIRBOOKS LTD
AN LANNTAIR LIMITED
AN SULAIRE LIMITED
PORTRIGS LIMITED
STUDIO ALBA LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 77,365 77,365 31,759
Current Assets 329,524 329,524 452,323
Creditors Due Within One Year 116,067 116,067 220,961
Working Cap 213,457 213,457 231,362
Total Assets Less Current Liabilities 290,822 290,822 263,121
Long-term Liabilities 10,169 10,169 3,384
Net Assets 280,653 280,653 259,737
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 280,653 280,653 259,737
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 19.0% 19.0% 6.6%
Stocks Inventory - - -
Debtors 0.6% 0.6% 9.6%
Cash Bank In Hand 80.4% 80.4% 83.9%
Current Assets 81.0% 81.0% 93.4%
Creditors Due Within One Year 28.5% 28.5% 45.6%
Net Current Assets Liabilities 52.5% 52.5% 47.8%
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 69.0% 69.0% 53.7%
Capital Employed - - -
Total Assets Less Current Liabilities 71.5% 71.5% 54.4%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2022 30-Jun-2021
Liquidity Ratio 2.8 2.8 2.0
Solvency Ratio 3.2 3.2 2.2
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 30-Jun-2025 30-Jun-2022 30-Jun-2021
Assets 406,889 406,889 484,082
Debt 126,236 126,236 224,345
Net Assets/Debt 280,653 280,653 259,737

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 appeared positive. We would normally view a company positively for this. 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 appeared positive. We would normally view a company positively for this. 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 appeared positive. We would normally view a company positively for this. 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
Confirmation statement made on 4 May 2025 with no updates
Confirmation statement made on 4 May 2024 with no updates
Notification of Ann Margaret Morrison as a person with significant control on 7 May 2024
Cessation of Donald William Morrison as a person with significant control on 7 May 2024
Satisfaction of charge SC2188830001 in full
Confirmation statement made on 4 May 2023 with no updates
Confirmation statement made on 4 May 2022 with no updates
Confirmation statement made on 4 May 2021 with no updates
Confirmation statement made on 4 May 2020 with updates
Resolutions
Registration of charge SC2188830001, created on 4 September 2019
Notification of The Trustees of the Tgsc Limited Employee Ownership Trust as a person with significant control on 4 September 2019
Change of details for Mr Donald William Morrison as a person with significant control on 4 September 2019
Confirmation statement made on 4 May 2019 with updates
Confirmation statement made on 4 May 2018 with no updates
Confirmation statement made on 4 May 2017 with updates
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