platinum - plus (scotland) ltd
platinum - plus (scotland) ltd Company Information
Company Number
SC189052
Registered Address
6 alleysbank road, farmeloan industrial estate, rut, glasgow, G73 1LX
Industry
Construction of domestic buildings
Telephone
01416477605
Next Accounts Due
June 2024
Group Structure
View All
Directors
David McKeown6 Years
Shareholders
platinum scotland limited 100%
platinum - plus (scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM - PLUS (SCOTLAND) LTD at £13.5k based on a Turnover of £36.8k and 0.37x industry multiple (adjusted for size and gross margin).
platinum - plus (scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM - PLUS (SCOTLAND) LTD at £4.6k based on an EBITDA of £1.6k and a 2.96x industry multiple (adjusted for size and gross margin).
platinum - plus (scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM - PLUS (SCOTLAND) LTD at £1.3m based on Net Assets of £1m and 1.26x industry multiple (adjusted for liquidity).
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Platinum - Plus (scotland) Ltd Overview
Platinum - Plus (scotland) Ltd is a live company located in glasgow, G73 1LX with a Companies House number of SC189052. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in September 1998, it's largest shareholder is platinum scotland limited with a 100% stake. Platinum - Plus (scotland) Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £36.8k with declining growth in recent years.
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Platinum - Plus (scotland) Ltd Health Check
Pomanda's financial health check has awarded Platinum - Plus (Scotland) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £36.8k, make it smaller than the average company (£485.5k)
- Platinum - Plus (scotland) Ltd
£485.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -75%, show it is growing at a slower rate (7.9%)
- Platinum - Plus (scotland) Ltd
7.9% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (20.7%)
- Platinum - Plus (scotland) Ltd
20.7% - Industry AVG
Profitability
an operating margin of -52.4% make it less profitable than the average company (7.7%)
- Platinum - Plus (scotland) Ltd
7.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Platinum - Plus (scotland) Ltd
3 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Platinum - Plus (scotland) Ltd
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £36.8k, this is less efficient (£208.2k)
- Platinum - Plus (scotland) Ltd
£208.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Platinum - Plus (scotland) Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (28 days)
- Platinum - Plus (scotland) Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Platinum - Plus (scotland) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (16 weeks)
27 weeks - Platinum - Plus (scotland) Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.4%, this is a lower level of debt than the average (72.4%)
4.4% - Platinum - Plus (scotland) Ltd
72.4% - Industry AVG
platinum - plus (scotland) ltd Credit Report and Business Information
Platinum - Plus (scotland) Ltd Competitor Analysis
Perform a competitor analysis for platinum - plus (scotland) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
platinum - plus (scotland) ltd Ownership
PLATINUM - PLUS (SCOTLAND) LTD group structure
Platinum - Plus (Scotland) Ltd has no subsidiary companies.
Ultimate parent company
PLATINUM - PLUS (SCOTLAND) LTD
SC189052
platinum - plus (scotland) ltd directors
Platinum - Plus (Scotland) Ltd currently has 1 director, Mr David McKeown serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David McKeown | Scotland | 55 years | Apr 2018 | - | Director |
PLATINUM - PLUS (SCOTLAND) LTD financials
Platinum - Plus (Scotland) Ltd's latest turnover from September 2022 is estimated at £36.8 thousand and the company has net assets of £1 million. According to their latest financial statements, we estimate that Platinum - Plus (Scotland) Ltd has 1 employee and maintains cash reserves of £24.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 5 | 3 | 8 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 54,319 | 84,904 | 63,925 | 47,205 | 63,324 | 55,928 | 30,093 | 488,790 | 2,072,842 | 2,080,873 | 2,064,568 | 485,655 | 497,689 | 680,761 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 450,000 | 450,000 | 451,000 | 450,000 | 450,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,000,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,054,319 | 1,084,904 | 513,925 | 497,205 | 514,324 | 505,928 | 480,093 | 488,790 | 2,072,842 | 2,080,873 | 2,064,568 | 485,655 | 497,689 | 680,761 |
| Stock & work in progress | 0 | 0 | 1,180,731 | 1,046,779 | 1,207,802 | 600,603 | 807,598 | 95,217 | 0 | 203,422 | 0 | 914,237 | 315,672 | 3,000 |
| Trade Debtors | 0 | 0 | 0 | 455,000 | 520,000 | 210,783 | 52,810 | 97,293 | 191,408 | 5,173 | 1,620 | 8,365 | 22,879 | 13,151 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 725 | 1,236 | 32,613 | 2,540 | 17,133 | 34,027 | 21,178 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 24,845 | 83,459 | 164,601 | 14,792 | 5,473 | 825,502 | 554,695 | 1,661,281 | 239,628 | 390 | 0 | 28,245 | 200,705 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,570 | 84,695 | 1,377,945 | 1,519,111 | 1,750,408 | 1,670,915 | 1,436,281 | 1,853,791 | 431,036 | 208,985 | 1,620 | 950,847 | 539,256 | 16,151 |
| total assets | 1,079,889 | 1,169,599 | 1,891,870 | 2,016,316 | 2,264,732 | 2,176,843 | 1,916,374 | 2,342,581 | 2,503,878 | 2,289,858 | 2,066,188 | 1,436,502 | 1,036,945 | 696,912 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,655 | 409 | 23,934 | 55,074 | 151,668 | 83,892 | 61,604 | 156,992 | 4,619 | 205,902 | 138,491 | 325,114 | 190,737 | 140,484 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 6,125 | 5,229 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 44,012 | 43,142 | 233,777 | 97,894 | 299,160 | 335,612 | 208,395 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 47,667 | 49,676 | 262,940 | 152,968 | 450,828 | 419,504 | 269,999 | 156,992 | 4,619 | 205,902 | 138,491 | 325,114 | 190,737 | 140,484 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 13,781 | 23,510 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 39,691 | 49,586 | 250,000 | 250,000 | 250,000 | 500,000 | 1,145,979 | 1,325,186 | 863,071 | 737,321 | 643,597 | 398,324 | 14,140 |
| provisions | 0 | 16,131 | 34,549 | 30,026 | 32,732 | 37,091 | 33,733 | 4,817 | 982 | 5,901 | 2,914 | 5,074 | 7,315 | 3,086 |
| total long term liabilities | 0 | 69,603 | 107,645 | 280,026 | 282,732 | 287,091 | 533,733 | 1,150,796 | 1,326,168 | 868,972 | 740,235 | 648,671 | 405,639 | 17,226 |
| total liabilities | 47,667 | 119,279 | 370,585 | 432,994 | 733,560 | 706,595 | 803,732 | 1,307,788 | 1,330,787 | 1,074,874 | 878,726 | 973,785 | 596,376 | 157,710 |
| net assets | 1,032,222 | 1,050,320 | 1,521,285 | 1,583,322 | 1,531,172 | 1,470,248 | 1,112,642 | 1,034,793 | 1,173,091 | 1,214,984 | 1,187,462 | 462,717 | 440,569 | 539,202 |
| total shareholders funds | 1,032,222 | 1,050,320 | 1,521,285 | 1,583,322 | 1,531,172 | 1,470,248 | 1,112,642 | 1,034,793 | 1,173,091 | 1,214,984 | 1,187,462 | 462,717 | 440,569 | 539,202 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 20,876 | 28,529 | 15,291 | 15,509 | 21,767 | 19,692 | 10,657 | 13,127 | 7,614 | 10,362 | 5,966 | 12,034 | 16,119 | 10,586 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | -1,180,731 | 133,952 | -161,023 | 607,199 | -206,995 | 712,381 | 95,217 | -203,422 | 203,422 | -914,237 | 598,565 | 312,672 | 3,000 |
| Debtors | -511 | 968,623 | -424,927 | -79,593 | 292,323 | 170,822 | -23,305 | -94,115 | 186,235 | 3,553 | -6,745 | -14,514 | 9,728 | 13,151 |
| Creditors | 3,246 | -23,525 | -31,140 | -96,594 | 67,776 | 22,288 | -95,388 | 152,373 | -201,283 | 67,411 | -186,623 | 134,377 | 50,253 | 140,484 |
| Accruals and Deferred Income | 870 | -190,635 | 135,883 | -201,266 | -36,452 | 127,217 | 208,395 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -16,131 | -18,418 | 4,523 | -2,706 | -4,359 | 3,358 | 28,916 | 3,835 | -4,919 | 2,987 | -2,160 | -2,241 | 4,229 | 3,086 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -450,000 | 0 | -1,000 | 1,000 | 0 | 450,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -19,906 | -8,833 | 28,739 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -39,691 | -9,895 | -200,414 | 0 | 0 | -250,000 | -645,979 | -179,207 | 462,115 | 125,750 | 93,724 | 245,273 | 384,184 | 14,140 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -58,614 | -81,142 | 149,809 | 9,319 | -820,029 | 270,807 | -1,106,586 | 1,421,653 | 239,238 | 390 | -28,245 | -172,460 | 200,705 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -58,614 | -81,142 | 149,809 | 9,319 | -820,029 | 270,807 | -1,106,586 | 1,421,653 | 239,238 | 390 | -28,245 | -172,460 | 200,705 | 0 |
P&L
September 2022turnover
36.8k
+856%
operating profit
-19.3k
0%
gross margin
20.8%
+7.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
1m
-0.02%
total assets
1.1m
-0.08%
cash
24.8k
-0.7%
net assets
Total assets minus all liabilities
Similar Companies
platinum - plus (scotland) ltd company details
company number
SC189052
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
September 1998
age
26
accounts
Total Exemption Full
ultimate parent company
previous names
forth & clyde properties ltd. (October 2022)
lochleven ltd. (March 2011)
See moreincorporated
UK
address
6 alleysbank road, farmeloan industrial estate, rut, glasgow, G73 1LX
last accounts submitted
September 2022
platinum - plus (scotland) ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to platinum - plus (scotland) ltd.
platinum - plus (scotland) ltd Companies House Filings - See Documents
| date | description | view/download |
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