Company Overview
Praise Gathering 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 14 May 2007, so this is a well established company. Praise Gathering has been in business for 18 years and 10 months. The accounts status is total exemption full and the accounts are next due on Friday 31 July 2026.
Registered Address

C/O Alexander Sloan Llp, 180 St Vincent Street, Glasgow, G2 5SG
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Companies House Data
Company NamePRAISE GATHERING
Company NumberSC323623
Registered Office AddressC/O Alexander Sloan Llp
 180 St Vincent Street
 G2 5SG
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/05/2007
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date11/06/2017
Returns Last Made Up Date14/05/2016
Directors & Members
Show Resigned
Alan Cunningham - Director
(British, 70 years old, born March 1956)
Appointed 14 May 2007
 Active
Clifford Haxton - Director
(British, 56 years old, born May 1970)
Appointed 19 May 2008
 Active
Fraser McLaren - Director
(British, 53 years old, born January 1973)
Appointed 05 March 2008
 Active
David McLaren - Director
(British, 71 years old, born January 1955)
Appointed 19 May 2008
 Active
Ian Watson - Director
(British, 73 years old, born December 1953)
Appointed 15 August 2018
 Active
Secretaries
Alan Cunningham - Secretary
(British)
Appointed 14 May 2007
 Active
Other Company Directorships
Alan Cunningham
AS SECRETARIAL SERVICES LIMITED
FOUNDATION TOTAI
GMMS
PRAISE GATHERING MUSIC LIMITED
THE BOLIVIAN COMMUNITY PROJECT
Clifford Haxton
NEW CRAIG COMMUNITY CHURCH
PRAISE GATHERING MUSIC LIMITED
THRU DECK SERVICES LIMITED
Fraser McLaren
ON AXIS LTD
ORIGIN SCOTLAND
PRAISE GATHERING MUSIC LIMITED
ROOM 3 @ THE FESTIVAL LTD.
ROOM 3 RECORDS LIMITED
David McLaren
PRAISE GATHERING MUSIC LIMITED
Ian Watson
PRAISE GATHERING MUSIC LIMITED
Balance Sheet Unlock full report

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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.
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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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