BALAMIK INSTRUMENTS (HOLDINGS) LIMITED
Company number SC103898 · Monitor this company
Executive summary
Balamik Instruments (Holdings) Limited is a long-established property holding company with reasonable net assets of £310,385 but critically weak liquidity, evidenced by a current ratio of just 0.30:1 and net current liabilities of £71,212. The company appears to be deleveraging successfully, with total liabilities reduced significantly from £286,564 (2022) to £105,011 (2024), though the working capital deficit has slightly worsened. Any credit facility should be conditional on confirmation of adequate rental income streams to service debt and should be secured against the underlying property assets which represent 94% of total assets.
Shareholders' funds
£310,385
Balance sheet as at 2024-12-31
What it does
68209
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1987-03-31
- Employees
- 0 (2024 accounts)
- Registered office
- ARGYLL BUSINESS CENTRE, Gregellan Buildings, 204 Argyll Street, Dunoon, Argyll, PA23 7HA
- Postcode
- PA23 7HA
- Capital
- 60,000 GBP
- Accounts category
- Micro
- Charges
- 12 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
- 2025-12-31
- Next due by
- 2027-01-14
Nature of business (SIC)
- 68209 Other letting and operating of own or leased real estate
Officers 3 current · 5 resigned
Previous registered addresses 8
| Address | Changed on |
|---|---|
| 204 ARGYLL STREET, DUNOON, ARGYLL, PA23 7HA | 2010-05-12 |
| J E MARR & CO SOLICITORS, 82 MITCHELL STREET, GLASGOW, LANARKSHIRE G1 3NA | 2000-12-28 |
| C/O HOUSTON ROONEY, 2ND FLOOR, 82 MITCHELL STREET, GLASGOW G1 3NA | 2000-07-14 |
| C/O HOUSTON ROONEY, 3RD FLOOR,SCOTT HOUSE, 12/16 SOUTH FREDRICK STREET, GLASGOW G1 1HJ | 1993-01-19 |
| C/O HOUSTON ROONEY, 3RD FLOOR,SCOTT HOUSE, 12/16 SOUTH FREDRICK STREET, GLASGOW G1 1HJ | 1993-01-19 |
| 112 WASHINGTON HOUSE, 36 WASHINGTON STREET, GLASGOW, G3 8AZ | 1991-06-06 |
| C/O HOUSTON ROONEY, 123/125 BUCHANAN STREET, GLASGOW, G1 2JA | 1989-02-20 |
| 123/125 BUCHANAN STREET, GLASGOW | 1987-05-12 |
Among its peers
Top 25%
by shareholders' funds, of 591 similar companies in PA
Among the oldest 25% of its local peers, trading since 1987.
Competitors Paisley
This company ranks 84 among other letting and operating of own or leased real estate in Paisley.
The class of 1987
79%
of the 918 companies in this sector incorporated in 1987 are still active today; 19% have since been dissolved.
A fact about the year, not a forecast for this company.