ALBACO LIMITEDActive
Key figures
ALBACO LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.
Ratios
2023/24Balance sheet structure
Filed accounts2020/21–2023/24
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | |
|---|---|---|---|---|
| Profit for the year | — | — | — | -8,963,198 |
| Cash at bank and in hand | — | — | — | 1,005,356 |
| Total assets | 934,045 | 2,547,648 | 4,865,889 | 7,476,823 |
| Total liabilities | 49,500 | — | 152,670 | — |
| Net assets / total equity | 999,396 | 2,379,568 | 4,268,755 | 6,305,558 |
| Average number of employees | 6 | 7 | 7 | 25 |
| Average pay (per year) | — | — | — | 193,652 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2024The principal activity of the Company is to gain regulatory authorisation to trade as a deposit taker.
As described in the company's latest filed accounts.
Summary: ALBACO LIMITED
Company
ALBACO LIMITED is a private limited company registered with Companies House under company number SC586124. It was incorporated on 18 Jan 2018. Its status is active. The registered office is in East kilbride (G74). Its nature of business (SIC 2007) is banks (64191).
Accounts
The latest accounts in the database are for 2023/24 (period ending 29 Feb 2024); the company files full accounts. Loss for the year was £8,963,198. Net assets were £6,305,558, up 47.7% on the previous year. Cash at bank and in hand was £1,005,356. The company had an average of 25 employees. Figures are available for 4 financial years (2020/21–2023/24).
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 30 Nov 2026. The next confirmation statement is due by 7 Aug 2027.