Company Overview
Professional Recruitment Group Limited is a Dissolved Private Limited Company.
Registered Address

7Th Floor 90 St Vincent Street, Glasgow, G2 5UB
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Companies House Data
Company NamePROFESSIONAL RECRUITMENT GROUP LIMITED
Company NumberSC224561
Registered Office Address7th Floor 90 St Vincent Street
 G2 5UB
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date25/10/2001
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2013
Accounts Last Made Up Date31/12/2011
Accounts Account CategoryTOTAL EXEMPTION SMALL
Returns Next Due Date22/11/2013
Returns Last Made Up Date25/10/2012
Previous Company NameChanged Date
EXCHANGELAW (NO.293) LIMITED18 Jan 2002
Directors & Members
Show Resigned
Steven McCutcheon - Director
(British, 59 years old, born December 1967)
Appointed 10 January 2002
Active
Secretaries
Show Resigned
David Kaye - Secretary
(British)
Appointed 07 February 2005
Active
Balance Sheet Unlock full report
Accounts Date 31-Dec-2011 31-Dec-2010 31-Dec-2009
Balance Sheet
Fixed Assets 17,880 30,484 69,470
Current Assets 2,137,584 2,205,142 1,820,354
Creditors Due Within One Year 1,488,742 1,661,153 1,473,769
Working Cap 648,842 543,989 346,585
Total Assets Less Current Liabilities 666,722 574,473 416,055
Long-term Liabilities 406,250 468,750 542,986
Net Assets 260,472 105,723 -126,931
Share Capital & Reserves
Share Cap 100,000 100,000 100,000
Profit & Loss Reserves 160,472 5,723 -226,931
Other Reserves 0 0 0
Shareholders Funds 260,472 105,723 -126,931
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2011 31-Dec-2010 31-Dec-2009
Tangible Fixed Assets - - -
Fixed Assets 0.8% 1.4% 3.7%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 97.0% 77.0% 76.9%
Cash Bank In Hand 2.1% 1.0% 2.1%
Current Assets 99.2% 98.6% 96.3%
Creditors Due Within One Year 69.1% 74.3% 78.0%
Net Current Assets Liabilities 30.1% 24.3% 18.3%
Creditors Due After One Year 18.8% 21.0% 28.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 12.1% 4.7% -6.7%
Called Up Share Capital 4.6% 4.5% 5.3%
Share Capital Allotted Called Up Paid 4.6% 4.5% 5.3%
Profit Loss Account Reserve 7.4% 0.3% -12.0%
Shareholder Funds 12.1% 4.7% -6.7%
Capital Employed - - -
Total Assets Less Current Liabilities 30.9% 25.7% 22.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2011 31-Dec-2010 31-Dec-2009
Liquidity Ratio 1.4 1.3 1.2
Solvency Ratio 1.1 1.1 0.9
Reserves to Assets 0.1 0.0 -0.1
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2011 31-Dec-2010 31-Dec-2009
Assets 2,155,464 2,235,626 1,889,824
Debt 1,894,992 2,129,903 2,016,755
Net Assets/Debt 260,472 105,723 -126,931
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
Notice of ceasing to act as receiver or manager
Notice of final meeting of creditors
Registered office address changed from 23 Nelson Mandela Place Glasgow G2 1QY on 28 May 2014
Registered office address changed from Lower Ground 176 Bath Street Glasgow G2 4HG Scotland on 29 November 2013
Court order notice of winding up
Notice of winding up order
Annual return made up to 25 October 2012 with full list of shareholders
Registered office address changed from 4 Atlantic Quay 70 York Street Glasgow G2 8JX on 3 April 2013
Notice of Receiver's report
Registered office address changed from Lower Ground 176 Bath Street Glasgow Strathclyde, G2 4HG on 14 November 2012
Notice of the appointment of receiver by a holder of a floating charge
Second filing of AR01 previously delivered to Companies House made up to 25 October 2011
Annual return made up to 25 October 2011 with full list of shareholders
Director's details changed for Steven Mccutcheon on 1 November 2011
Annual return made up to 25 October 2010
Annual return made up to 25 October 2009 with full list of shareholders
Director's details changed for Steven Mccutcheon on 1 January 2009
Return made up to 25/10/08; full list of members
Return made up to 25/10/07; no change of members

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