MILLHOUSE DEVELOPMENTS (INVERURIE) LTD Credit Check Report

Company Overview

Millhouse Developments (Inverurie) Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 27 March 2014, so this is a well established company. Millhouse Developments (Inverurie) Ltd has been in business for 12 years. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.

Registered Address

10 Southfield Drive, Elgin, IV30 6GR

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Companies House Data

Company Name	MILLHOUSE DEVELOPMENTS (INVERURIE) LTD
Company Number	SC473721
Registered Office Address	10 Southfield Drive
	IV30 6GR
Company Category	Private Limited Company
Company Status	Active
Country of Origin	United Kingdom
Incorporation Date	27/03/2014
Accounting Reference Date Day	31
Accounting Reference Date Month	3
Accounts Next Due Date	31/12/2026
Accounts Last Made Up Date	31/03/2025
Accounts Account Category	TOTAL EXEMPTION FULL
Returns Next Due Date	24/04/2017
Returns Last Made Up Date	27/03/2016

Directors & Members

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	Alexander Adam - Director (Scottish, 70 years old, born September 1956) Appointed 27 March 2014	Active
	Susan Begg - Director (British, 67 years old, born August 1959) Appointed 27 March 2014, Resigned 15 June 2018	Resigned
	Gordon Lee - Director (British, 65 years old, born November 1961) Appointed 27 March 2014, Resigned 09 June 2022	Resigned
	Stuart Lee - Director (British, 59 years old, born March 1967) Appointed 27 March 2014, Resigned 06 July 2018	Resigned
	Michael Lee - Director (British, 36 years old, born October 1990) Appointed 10 June 2022	Active
	Andersonbain Llp - Secretary Appointed 27 March 2014, Resigned 26 March 2015	Resigned

Secretaries

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	Lisa MacPherson - Secretary Appointed 26 March 2015	Active
	Andersonbain Llp - Secretary Appointed 27 March 2014, Resigned 26 March 2015	Resigned

Other Company Directorships

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
PLANET BBK LTD
SALTIRE BUSINESS PARKS 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

Michael Lee
CRAIGDON CONSTRUCTION LIMITED
CRAIGDON LTD.

Balance Sheet

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Common Size Financial Analysis

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Secured Creditors

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Public Record Information

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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

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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

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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

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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

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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)

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

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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

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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

	SPRINGFIELD CONSTRUCTION LIMITED Alexander Fleming House, 8 Southfield Drive, Elgin, Moray, IV30 6GR
	SPRINGFIELD CIVIL ENGINEERING LIMITED Alexander Fleming House, 8 Southfield Drive, Elgin, Moray, IV30 6GR
	GLASSGREEN HIRE LIMITED ALEXANDER FLEMING HOUSE, 8 SOUTHFIELD DRIVE, ELGIN, MORAYSHIRE, IV30 6GR
	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
	SALTIRE BUSINESS PARKS LTD 10 SOUTHFIELD DRIVE, ELGIN, IV30 6GR
	SPRINGFIELD REAL ESTATE MANAGEMENT LIMITED 10 SOUTHFIELD DRIVE, ELGIN, IV30 6GR
	ACTION ELGIN LIMITED 10 SOUTHFIELD DRIVE, ELGIN, IV30 6GR

Document Filings

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