123ABC UK LIMITED
Company number SC408121 · Monitor this company
Executive summary
123ABC UK Limited is in a seriously weakened financial position, having moved from net assets of £11,099 to net liabilities of £24,041 in the year to March 2025 — a deterioration of approximately £35,000 driven by trading losses and a sharply reduced working capital position. The company now has only 9 pence of liquid assets (excluding stock) for every £1 of short-term debt, making it critically dependent on converting its £302,000 stock holding to cash to survive. Immediate action is required: the directors should formally assess the going concern position, prepare a 13-week cash flow forecast, engage with creditors, and strongly consider an equity injection to restore the balance sheet to a solvent position.
Shareholders' funds
-£24,141
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2011-09-26
- Employees
- 7 (2025 accounts)
- Registered office
- C/O Smith & Wallace & Co Chartered Accountants, 1 Simonsburn Road, Kilmarnock, KA1 5LA
- Postcode
- KA1 5LA
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-26
- Financial year end
- 26 March
Confirmation statement
- Last statement dated
- 2025-09-26
- Next due by
- 2026-10-10
Nature of business (SIC)
- 47710 Retail sale of clothing in specialised stores
Officers 2 current
Group structure 2 subsidiaries
-
KIDS 123ABC (AYR) LIMITED Dissolved
-
KIDS 123ABC LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Among its peers
3rd largest employer
of 28 similar companies in KA, with 7 staff. Among the oldest 25% of its local peers.
Competitors Ayr
-
4. KAZME LTD
This company ranks 36 among retail sale of clothing in specialised stores in Ayr.
The class of 2011
20%
of the 1,341 companies in this sector incorporated in 2011 are still active today; 77% have since been dissolved.
A fact about the year, not a forecast for this company.