Company Overview
Summerston Convenience Store Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 30 August 2018, so this is a well established company. Summerston Convenience Store Ltd has been in business for 7 years and 7 months. The accounts status is micro entity and the accounts are next due on Sunday 31 May 2026.
Registered Address

12 Summertown Road, Glasgow, G51 2LY
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Companies House Data
Company NameSUMMERSTON CONVENIENCE STORE LTD
Company NumberSC606839
Registered Office Address12 Summertown Road
 G51 2LY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/08/2018
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date27/09/2019
Directors & Members
Show Resigned
Iftikhar Ahmad - Director
(British, 58 years old, born August 1968)
Appointed 07 February 2020
 Active
Mohammed Ayub - Director
(British, 52 years old, born December 1974)
Appointed 17 June 2024
 Active
Nabeela Chohan - Director
(British, 45 years old, born October 1981)
Appointed 07 February 2020
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Iftikhar Ahmad
EFTY LIMITED
Mohammed Ayub
A&N G51 RETAIL LTD
A&N G51 UK LTD
AL GHAZI TRADING LIMITED
BALLOCH NY LTD
BALLOCH RETAIL LTD
BETTA (SCOTLAND) LTD
BITTA RETAIL LTD
DALAIL HOLDINGS LTD
G12 TRADERS LIMITED
G14 RETAIL LTD
G51 TRADERS LTD
G81 RETAIL LTD
G81 TRADERS LTD
GOURMET BAKERS & SERVICES LTD
KAKE ZAI INVESTMENT LTD
LINTHOUSE RETAIL LTD
MNF INVESTMENTS LTD
MOVEZEN ENERGY SERVICES LTD
MRN RETAIL LIMITED
N & A RETAIL LTD
NA REAL ESTATE INVESTMENTS LTD
NAGA RETAIL LTD
NEWS AND VIEWS LIMITED
NM FOOD SHOP LTD
PARTICK RETAIL LTD
SATYA RETAIL LTD
TECH GIANT SCOTLAND LTD
Nabeela Chohan
GRACE FURNISHINGS LTD
MAGNUM TYRES 4U LTD
N & A RETAIL LTD
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 110,656 110,656 110,800
Current Assets 87,966 87,966 66,988
Creditors Due Within One Year 39,962 39,962 34,459
Working Cap 48,004 48,004 32,529
Total Assets Less Current Liabilities 158,660 158,660 143,329
Long-term Liabilities 94,553 94,553 83,900
Net Assets 64,107 64,107 59,429
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 64,107 64,107 59,429
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 55.7% 55.7% 62.3%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 44.3% 44.3% 37.7%
Creditors Due Within One Year 20.1% 20.1% 19.4%
Net Current Assets Liabilities 24.2% 24.2% 18.3%
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 32.3% 32.3% 33.4%
Capital Employed - - -
Total Assets Less Current Liabilities 79.9% 79.9% 80.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 2.2 2.2 1.9
Solvency Ratio 1.5 1.5 1.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 198,622 198,622 177,788
Debt 134,515 134,515 118,359
Net Assets/Debt 64,107 64,107 59,429

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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
Other Business around G51 2LY
NEMETON TV SCOTLAND UNLIMITED
FILM CITY GLASGOW, 4 SUMMERTOWN ROAD, GLASGOW, G51 2LY
MANI ENTERPRISES LTD
12 Summertown Road, Glasgow, G51 2LY
Document Filings
Confirmation statement made on 3 August 2025 with no updates
Confirmation statement made on 3 August 2024 with no updates
Appointment of Mr Mohammed Naveed Ayub as a director on 17 June 2024
Confirmation statement made on 3 August 2023 with no updates
Confirmation statement made on 3 August 2022 with no updates
Confirmation statement made on 9 August 2021 with no updates
Confirmation statement made on 14 July 2021 with updates
Cessation of Mamun Rashid as a person with significant control on 1 July 2021
Termination of appointment of Mamun Rashid as a director on 1 July 2021
Termination of appointment of Mohammed Naveed Ayub as a director on 1 July 2021
Confirmation statement made on 10 August 2020 with no updates
Confirmation statement made on 13 March 2020 with updates
Cessation of Mohammed Naveed Ayub as a person with significant control on 7 February 2020
Notification of Iftikhar Ahmad as a person with significant control on 7 February 2020
Notification of Nabeela Chohan as a person with significant control on 7 February 2020
Appointment of Mr Iftikhar Ahmad as a director on 7 February 2020
Appointment of Mrs Nabeela Chohan as a director on 7 February 2020
Confirmation statement made on 21 August 2019 with no updates
Registered office address changed from 402-408 Cathcart Road Glasgow G42 7BZ Scotland to 12 Summertown Road Glasgow G51 2LY on 30 October 2018
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