Company Overview
Exception Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 11 November 2002, so this is a well established company. Exception Limited has been in business for 23 years and 4 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Exchange Tower, 19 Canning Street, Edinburgh, EH3 8EH
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Companies House Data
Company NameEXCEPTION LIMITED
Company NumberSC239401
Registered Office AddressExchange Tower
 19 Canning Street
 EH3 8EH
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/11/2002
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date09/12/2016
Returns Last Made Up Date11/11/2015
Directors & Members
Show Resigned
Alasdair Hendry - Director
(British, 47 years old, born March 1979)
Appointed 21 July 2022
 Active
Secretaries
Show Resigned
Other Company Directorships
Alasdair Hendry
EXCEPTION HOLDINGS LIMITED
HENDRY HOLDINGS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 215,664 215,664 21,046
Current Assets 3,030,262 3,030,262 3,083,673
Creditors Due Within One Year 2,265,886 2,265,886 2,142,183
Working Cap 764,376 764,376 941,490
Total Assets Less Current Liabilities 980,040 980,040 962,536
Long-term Liabilities 31,040 31,040 0
Net Assets 949,000 949,000 962,536
Share Capital & Reserves
Share Cap 3 3 3
Profit & Loss Reserves 948,997 948,997 962,533
Other Reserves 0 0 0
Shareholders Funds 949,000 949,000 962,536
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 6.6% 6.6% 0.7%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 75.3% 75.3% 94.7%
Cash Bank In Hand 0.1% 0.1% 0.2%
Current Assets 93.4% 93.4% 99.3%
Creditors Due Within One Year 69.8% 69.8% 69.0%
Net Current Assets Liabilities 23.5% 23.5% 30.3%
Creditors Due After One Year 1.0% 1.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 29.2% 29.2% 31.0%
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 29.2% 29.2% 31.0%
Shareholder Funds 29.2% 29.2% 31.0%
Capital Employed - - -
Total Assets Less Current Liabilities 30.2% 30.2% 31.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 1.3 1.3 1.4
Solvency Ratio 1.4 1.4 1.4
Reserves to Assets 0.3 0.3 0.3
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Assets 3,245,926 3,245,926 3,104,719
Debt 2,296,926 2,296,926 2,142,183
Net Assets/Debt 949,000 949,000 962,536

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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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 25 February 2026 with updates
Registered office address changed from Exchange Tower 19 Canning Street Edinburgh EH3 8EH United Kingdom to 8 Coates Crescent Edinburgh EH3 7AL on 21 January 2026
Confirmation statement made on 8 November 2025 with no updates
Register inspection address has been changed from Gyleworks 34 South Gyle Crescent Offices 12/14 Edinburgh EH12 9EB Scotland to 8 Coates Crescent Edinburgh EH3 7AL
Satisfaction of charge SC2394010002 in full
Satisfaction of charge 1 in full
Termination of appointment of Alan Alexander Anderson as a secretary on 21 March 2025
Termination of appointment of Martin Alexander Burke as a director on 21 March 2025
Termination of appointment of Scott Mcglinchey as a director on 21 March 2025
Termination of appointment of Alan Alexander Anderson as a director on 21 March 2025
Register inspection address has been changed from 4 Lochside Way Edinburgh EH12 9DT Scotland to Gyleworks 34 South Gyle Crescent Offices 12/14 Edinburgh EH12 9EB
Confirmation statement made on 8 November 2024 with no updates
Confirmation statement made on 8 November 2023 with no updates
Confirmation statement made on 8 November 2022 with no updates
Register inspection address has been changed to 4 Lochside Way Edinburgh EH12 9DT
Appointment of Mr Alasdair James Hendry as a director on 21 July 2022
Confirmation statement made on 8 November 2021 with no updates
Confirmation statement made on 8 November 2020 with no updates
Change of details for Exception Holdings Limited as a person with significant control on 13 October 2020
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