ALBACO LIMITED

SC586124
Active East Kilbride

Banks

25 employees website.com
Financial services Banks
A

ALBACO LIMITED

SC586124

Banks

Founded 18 Jan 2018 Active East Kilbride, Scotland 25 employees website.com
Financial services Banks

Previous Company Names

ALBA BANK LIMITED 30 May 2023 — 10 Apr 2024
ALBACO LIMITED 15 Feb 2018 — 30 May 2023
ALBLANK LIMITED 18 Jan 2018 — 15 Feb 2018
Accounts Submitted 22 May 2026 Next due 28 Feb 2026 4 months overdue
Confirmation Submitted 24 Jul 2025 Next due 7 Aug 2026 1 month remaining
Net assets £6M £2M 2023 year on year
Total assets £7M £3M 2023 year on year
Total Liabilities £1M £536K 2023 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Redwood House 5 Redwood Crescent Peel Park East Kilbride South Lanarkshire G74 5PA Scotland

Email

info@example.com

Website

www.example.com

Full company profile for ALBACO LIMITED (SC586124), an active financial services company based in East Kilbride, Scotland. Incorporated 18 Jan 2018. Banks. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Mar → 29 Feb 2024
Type full
Next accounts 28 Feb 2025
Due by 28 Feb 2026 4 months overdue

Net Assets, Total Assets & Total Liabilities (2018–2023)

Cash in Bank

£5.49M

Net Assets

£6.31M

Increased by £2.04M (+48%)

Total Liabilities

£1.17M

Increased by £535.68k (+84%)

Turnover

N/A

Employees

25

Increased by 18 (+257%)

Debt Ratio

16%

Increased by 3 (+23%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
29 Feb Year End
2023
28 Feb Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Funding Rounds 2

Investors (2)

Investor NameInvestor SinceParticipating Rounds
Investor 2Feb 2021Series A
Investor 1Jun 2025Strategic Investment

Share Capital

Share Capital

Share allotments and capital structure

17 Allotments 20,795,012 Shares £21.39m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
29 Jan 20251,275,510£1.28m£1.28m
29 Jan 20251,275,510£1.28m£1.28m
20 Dec 20241,275,510£625k£625k
20 Dec 20241,275,510£625k£625k
24 Nov 20231,666,667£2.00m£1.2

Officers

Officers

1 active 2 resigned
Status
Thompson, Jonathan EwenDirectorBritishEngland558 Jul 2024Active

Shareholders

Shareholders (31)

In9 Trading Dmcc
18.7%
5,120,057
Albacap Limited
15.6%
4,290,278

Persons with Significant Control

Persons with Significant Control (2)

2 Active 3 Ceased

Mr Maksym Koretskiy

Ukrainian

Active
Notified 3 Sept 2024
Residence England
DOB April 1981
Nature of Control
  • Ownership Of Shares 25 To 50 Percent

Mr Maksym Koretskiy

Ukrainian

Active
Notified 3 Sept 2024
Residence England
DOB April 1981
Nature of Control
  • Ownership Of Shares 25 To 50 Percent

Lorena Investments Limited

Ceased 27 Feb 2023

Ceased

James Allan Mccoll Obe

Ceased 11 May 2018

Ceased

Sameer Gehlaut

Ceased 3 Sept 2024

Ceased

Group Structure

Group Structure

No group structure identified

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
22 May 2026AccountsAnnual accounts made up to 28 Feb 2025
26 Jan 2026OfficersTermination of Matthew Waymark as director on 20 Jan 2026
26 Jan 2026OfficersAppointment of Ms Laura Naysmith Milligan as director on 20 Jan 2026
21 Nov 2025OfficersAppointment of Mr Matthew Waymark as director on 21 Nov 2025
21 Nov 2025OfficersTermination of Afshan Rathore as director on 21 Nov 2025
22 May 2026 Accounts

Annual accounts made up to 28 Feb 2025

26 Jan 2026 Officers

Termination of Matthew Waymark as director on 20 Jan 2026

26 Jan 2026 Officers

Appointment of Ms Laura Naysmith Milligan as director on 20 Jan 2026

21 Nov 2025 Officers

Appointment of Mr Matthew Waymark as director on 21 Nov 2025

21 Nov 2025 Officers

Termination of Afshan Rathore as director on 21 Nov 2025

Recent Activity

Latest Activity

Annual accounts made up to 28 Feb 2025

4 weeks ago on 22 May 2026

Termination of Matthew Waymark as director on 20 Jan 2026

4 months ago on 26 Jan 2026

Appointment of Ms Laura Naysmith Milligan as director on 20 Jan 2026

4 months ago on 26 Jan 2026

Appointment of Mr Matthew Waymark as director on 21 Nov 2025

7 months ago on 21 Nov 2025

Termination of Afshan Rathore as director on 21 Nov 2025

7 months ago on 21 Nov 2025