Company Overview
Saltire Business Parks Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 20 February 2013, so this is a well established company. Saltire Business Parks Ltd has been in business for 13 years and 1 month. The accounts status is total exemption full and the accounts are next due on Saturday 28 February 2026.
Registered Address

10 Southfield Drive, Elgin, IV30 6GR
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Companies House Data
Company NameSALTIRE BUSINESS PARKS LTD
Company NumberSC443166
Registered Office Address10 Southfield Drive
 IV30 6GR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date20/02/2013
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2027
Accounts Last Made Up Date31/05/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date20/03/2017
Returns Last Made Up Date20/02/2016
Previous Company NameChanged Date
ELGIN BUSINESS PARK LTD08 Dec 2017
Directors & Members
Show Resigned
James Adam - Director
(Scottish, 64 years old, born February 1962)
Appointed 19 November 2018
 Active
Gordon Adam - Director
(Scottish, 43 years old, born November 1983)
Appointed 01 December 2023
 Active
Alexander Adam - Director
(Scottish, 70 years old, born September 1956)
Appointed 20 February 2013
 Active
Alan Esson - Director
(British, 65 years old, born September 1961)
Appointed 19 November 2018
 Active
Secretaries
Show Resigned
Other Company Directorships
James Adam
AW & JG ADAM LTD
LOUISVILLE PROPERTIES LTD
SPRINGFIELD PROPERTIES PLC
UPTOWN DEVELOPMENTS SCOTLAND LIMITED
WHITEROW PROPERTIES LTD
Gordon Adam
ALBA PROPERTIES LIMITED
HIGHLAND VACATIONS LTD
SKELBO FARM LTD
Alexander Adam
ACTION ELGIN LIMITED
AIGEN CAPITAL LIMITED
ALBA PROPERTIES LIMITED
AW & JG ADAM LTD
BARMUCKITY BUSINESS PARK LIMITED
BERTHA PARK LIMITED
HOMES FOR SCOTLAND LIMITED
KAITERI LIMITED
MILLHOUSE DEVELOPMENTS (INVERURIE) LTD
PLANET BBK LTD
SPREE PROPERTY INVESTMENTS LTD
SPRINGFIELD AFFORDABLE LIMITED
SPRINGFIELD CIVIL ENGINEERING LIMITED
SPRINGFIELD CONSTRUCTION LIMITED
SPRINGFIELD HOMES NORTH LIMITED
SPRINGFIELD PROPERTIES PLC
SPRINGFIELD REAL ESTATE MANAGEMENT LIMITED
Alan Esson
CAMPHILL (RUDOLF STEINER) ESTATES LIMITED
DM HALL LLP
GRANITE CITY INVESTMENTS LTD
ROMANGATE LIMITED
SALTIRE 2019 LTD
SPRINGFIELD REAL ESTATE MANAGEMENT LIMITED
THE SANDEND HARBOUR TRUST COMPANY LIMITED
Balance Sheet Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets - - 3,727,588
Current Assets - - 6,740,428
Creditors Due Within One Year 8,431,193 8,431,193 7,807,088
Working Cap - - -1,066,660
Total Assets Less Current Liabilities 546,475 546,475 2,660,928
Long-term Liabilities 0 0 2,094,379
Net Assets 546,475 546,475 566,549
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 546,475 546,475 566,549
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets - - 35.6%
Stocks Inventory - - -
Debtors 4.2% 4.2% 1.8%
Cash Bank In Hand 4.9% 4.9% 12.1%
Current Assets - - 64.4%
Creditors Due Within One Year 93.9% 93.9% 74.6%
Net Current Assets Liabilities - - -10.2%
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 6.1% 6.1% 5.4%
Capital Employed - - -
Total Assets Less Current Liabilities 6.1% 6.1% 25.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Liquidity Ratio -1.0 -1.0 0.9
Solvency Ratio 1.1 1.1 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 9
Mortgages Outstanding 6
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Assets 8,977,668 8,977,668 10,468,016
Debt 8,431,193 8,431,193 9,901,467
Net Assets/Debt 546,475 546,475 566,549

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.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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
Other Business around IV30 6GR
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SPRINGFIELD CIVIL ENGINEERING LIMITED
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GLASSGREEN HIRE LIMITED
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ALBA PROPERTIES LIMITED
10 SOUTHFIELD DRIVE, ELGIN, IV30 6GR
SPRINGFIELD PROPERTIES PLC
ALEXANDER FLEMING HOUSE, 8 SOUTHFIELD DRIVE, ELGIN, MORAYSHIRE, IV30 6GR
AW & JG ADAM LTD
7-11 Melville Street, Edinburgh, IV30 6GR
BARMUCKITY BUSINESS PARK LIMITED
Alexander Fleming House, 8 Southfield Drive, Elgin, Moray, IV30 6GR
SPRINGFIELD REAL ESTATE MANAGEMENT LIMITED
10 SOUTHFIELD DRIVE, ELGIN, IV30 6GR
ACTION ELGIN LIMITED
10 SOUTHFIELD DRIVE, ELGIN, IV30 6GR
AIGEN CAPITAL LIMITED
ALEXANDER FLEMING HOUSE, 8 SOUTHFIELD DRIVE, ELGIN, MORAY, IV30 6GR
Document Filings
Confirmation statement made on 23 December 2025 with updates
Confirmation statement made on 20 February 2025 with no updates
Registration of charge SC4431660009, created on 18 December 2024
Registration of charge SC4431660008, created on 18 November 2024
Termination of appointment of Harris Donald James Grant as a director on 7 March 2024
Confirmation statement made on 20 February 2024 with no updates
Appointment of Mr Gordon Duncan Adam as a director on 1 December 2023
Confirmation statement made on 20 February 2023 with no updates
Registration of charge SC4431660007, created on 6 March 2023
Registration of charge SC4431660006, created on 1 March 2023
Registered office address changed from Alexander Fleming Hse 8 Southfield Drive Elgin Moray IV30 6GR to 10 Southfield Drive Elgin IV30 6GR on 12 October 2022
Confirmation statement made on 20 February 2022 with no updates
Termination of appointment of Lynne Victoria Hadden as a secretary on 30 March 2022
Satisfaction of charge SC4431660003 in full
Previous accounting period extended from 28 February 2021 to 31 May 2021
Confirmation statement made on 20 February 2021 with no updates
Registration of charge SC4431660004, created on 19 January 2021
Registration of charge SC4431660005, created on 21 January 2021
Confirmation statement made on 20 February 2020 with updates
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