GARMAC PROPERTY LTD

Company number SC698949 · Active (Active - Proposal to Strike off)

GARMAC PROPERTY LTD is a private limited company registered in BARGEDDIE, United Kingdom, incorporated on 17 May 2021. Its registered activity is construction of domestic buildings. Its latest published accounts for the period ending 31 May 2023 show equity of £42k, total assets of £210k. It has filed 2 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % became insolvent
Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
SC698949 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
17 May 2021 (5 years)
Registered address
G69 7TU BARGEDDIE
Postcode area
Glasgow
Activity
41202 Construction of domestic buildings
Industry
Construction of buildings
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202315 Aug 2023– –£42k£210k £100–0
31 May 202215 Aug 2023– –£22k£138k £100–0

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about GARMAC PROPERTY LTD

What is the company number of GARMAC PROPERTY LTD?

GARMAC PROPERTY LTD is registered under company number SC698949 in the official register of United Kingdom. View it at the official register.

Is GARMAC PROPERTY LTD still active?

Yes. GARMAC PROPERTY LTD is registered as active (status: Active - Proposal to Strike off).

Has GARMAC PROPERTY LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for GARMAC PROPERTY LTD in the official data.

How likely is GARMAC PROPERTY LTD to become insolvent?

Our model estimates a 0.00 % probability that GARMAC PROPERTY LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was GARMAC PROPERTY LTD founded?

GARMAC PROPERTY LTD was incorporated on 17 May 2021.

Where is GARMAC PROPERTY LTD registered?

GARMAC PROPERTY LTD's registered address is in G69 7TU BARGEDDIE (Glasgow), United Kingdom.

What do the latest accounts of GARMAC PROPERTY LTD show?

The latest published accounts (period ending 31 May 2023) show equity of £42k, total assets of £210k, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.