ADVANCE PROPERTIES (SCOTLAND) LTD.
Company number SC304657 · Monitor this company
The confirmation statement for this company is overdue.
Executive summary
Advance Properties (Scotland) Ltd. is an insolvent micro-entity with net liabilities of £73,802 that have deteriorated 43% year-on-year, operating as a shell following the disposal of approximately £2.27M in assets circa 2018-2019. The company possesses no meaningful competitive advantages, has a single employee-director following the death of co-director William Russell, and faces escalating creditor pressure with short-term liabilities surging 110% to £50,403. The only viable strategic paths are immediate capital injection by the PSC to restore solvency, or a controlled wind-down via liquidation to limit director liability exposure under wrongful trading provisions.
Shareholders' funds
-£73,802
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-06-28
- Employees
- 1 (2024 accounts)
- Registered office
- 36 Crosshill Business Centre, Main Street Crosshill, Lochgelly, Fife, KY5 8BJ
- Postcode
- KY5 8BJ
- Capital
- 1 GBP
- Accounts category
- Micro
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2024-01-31
- Next due by
- 2025-02-14 Overdue
Nature of business (SIC)
- 68320 Management of real estate on a fee or contract basis
Officers 2 current · 7 resigned
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 27 LAURISTON STREET, EDINBURGH, EH3 9DQ | 2009-11-23 |
| 6 KAIMS GROVE, LIVINGSTON VILLAGE, WEST LOTHIAN, EH54 7DU | 2007-05-01 |
Among its peers
Among the oldest 25%
of 46 similar companies in KY, trading since 2006
Competitors Dunfermline
This company ranks 36 among management of real estate on a fee or contract basis in Dunfermline.
The class of 2006
57%
of the 2,172 companies in this sector incorporated in 2006 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.