Company Overview
Axe Property Developments Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 30 May 2019. Axe Property Developments Limited has been in business for 6 years and 10 months. The accounts status is micro entity and the accounts are next due on Saturday 28 February 2026.
Registered Address

Pavilion 1 (Channel House) The Approach, Glasgow Business Park, Glasgow, G69 6GA
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Companies House Data
Company NameAXE PROPERTY DEVELOPMENTS LIMITED
Company NumberSC632025
Registered Office AddressPavilion 1 (Channel House) The Approach
 Glasgow Business Park
 G69 6GA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/05/2019
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2026
Accounts Last Made Up Date31/05/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date27/06/2020
Directors & Members
Show Resigned
Michael Savage - Director
(British, 44 years old, born November 1982)
Appointed 25 February 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Michael Savage
CHANNEL ASSET FINANCE LIMITED
CHANNEL FINANCE GROUP LIMITED
CHANNEL MORTGAGES LIMITED
EXSEL BUSINESS SOLUTIONS LIMITED
SAVAGE MANAGEMENT CONSULTANCY LIMITED
THE CITY BROKER (CALEDONIA) LIMITED
Balance Sheet Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 129,914 129,914 129,914
Current Assets 6,127 6,127 6,127
Creditors Due Within One Year 123,235 123,235 123,235
Working Cap -117,108 -117,108 -117,108
Total Assets Less Current Liabilities 12,806 12,806 12,806
Long-term Liabilities 0 0 0
Net Assets 12,806 12,806 12,806
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 12,806 12,806 12,806
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 95.5% 95.5% 95.5%
Stocks Inventory - - -
Debtors 4.4% 4.4% 4.4%
Cash Bank In Hand 0.1% 0.1% 0.1%
Current Assets 4.5% 4.5% 4.5%
Creditors Due Within One Year 90.6% 90.6% 90.6%
Net Current Assets Liabilities -86.1% -86.1% -86.1%
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 9.4% 9.4% 9.4%
Capital Employed - - -
Total Assets Less Current Liabilities 9.4% 9.4% 9.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio 1.1 1.1 1.1
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-May-2024 31-May-2022 31-May-2021
Assets 136,041 136,041 136,041
Debt 123,235 123,235 123,235
Net Assets/Debt 12,806 12,806 12,806
It is not clear that the company was actively trading prior to the latest financial data filed. Examination of the full accounts may provide further information. If the company remains active on the company register it may have traded in the period since the date of the latest filed accounts. A full credit report may 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 20 April 2025 with no updates
Change of details for Mr Michael Paul Patrick Savage as a person with significant control on 1 January 2024
Confirmation statement made on 20 April 2024 with no updates
Registered office address changed from C/O Kpp Chartered Accountants Unit 3, Morris Park 37 Rosyth Road Glasgow G5 0YE United Kingdom to Pavilion 1 (Channel House) the Approach Glasgow Business Park Glasgow G69 6GA on 15 February 2024
Confirmation statement made on 20 April 2023 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Registered office address changed from Ingram House 227 Ingram Street Glasgow G1 1DA Scotland to C/O Kpp Chartered Accountants Unit 3, Morris Park 37 Rosyth Road Glasgow G5 0YE on 8 March 2023
Confirmation statement made on 20 April 2022 with no updates
Confirmation statement made on 20 April 2021 with updates
Cessation of Claire Mclaughlan as a person with significant control on 20 April 2021
Notification of Michael Paul Patrick Savage as a person with significant control on 20 April 2021
Termination of appointment of Claire Mclaughlan as a director on 20 April 2021
Registered office address changed from Duart House Finch Way Strathclyde Business Park Bellshill ML4 3PR Scotland to Ingram House 227 Ingram Street Glasgow G1 1DA on 20 April 2021
Confirmation statement made on 2 March 2021 with updates
Cessation of Axe Corporate Limited as a person with significant control on 1 August 2020
Appointment of Mr Michael Paul Patrick Savage as a director on 25 February 2021
Director's details changed for Miss Claire Mclaughlan on 25 January 2021
Confirmation statement made on 29 May 2020 with no updates
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