WALLACE BAGPIPES SCOTLAND LTD. Financials
- Company number
- SC154707CopyCopy
- Registered office
- 40 Blythswood Drive, Paisley PA3 2ES
- Incorporated
- 05/12/1994
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
3.61%vs 20232023: £527.00
Total Assets
-14.04%vs 20232023: £120.30K
Cash in Bank
-15.92%vs 20232023: £3.48K
Total Liabilities
-14.12%vs 20232023: £119.77K
Employees
-1vs 20232023: 6
In 2024, WALLACE BAGPIPES SCOTLAND LTD. reported net assets of £546.00. The same filing shows total assets of £103.41K, cash in bank of £2.93K and total liabilities of £102.87K. Reported headcount was 5 in 2024. Total Liabilities fell from £119.77K in 2023 to £102.87K in 2024 (-14.12%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
3.61%from £527.00 in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures WALLACE BAGPIPES SCOTLAND LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-93.1%vs 2022-73.8% a year compound (CAGR)
Cash in Bank
-3.8%vs 2022-1.9% a year compound (CAGR)
Total Assets
-28.3%vs 2022-15.3% a year compound (CAGR)
Total Liabilities
-24.5%vs 2022-13.1% a year compound (CAGR)
Employees
-16.7%vs 2022-1Biggest decrease
Net Assets-93.1%
£7.96K in 2022 to £546.00 in 2024
Every indicator Okredo holds for WALLACE BAGPIPES SCOTLAND LTD. fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WALLACE BAGPIPES SCOTLAND LTD.'s own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 0.53%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 99.47%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 2.84%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 2.83%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WALLACE BAGPIPES SCOTLAND LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.92K | 7.96K | 527.00 | 546.00 |
| Total Assets£ | 124.34K | 144.20K | 120.30K | 103.41K |
| Cash in Bank£ | 3.06K | 3.04K | 3.48K | 2.93K |
| Total Liabilities£ | 122.41K | 136.24K | 119.77K | 102.87K |
| Employees | 5 | 6 | 6 | 5 |
WALLACE BAGPIPES SCOTLAND LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WALLACE BAGPIPES SCOTLAND LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WALLACE BAGPIPES SCOTLAND LTD. reported net assets of £546.00 for 2024. That compares with £527.00 in 2023, a change of 3.61%.
WALLACE BAGPIPES SCOTLAND LTD. reported total assets of £103.41K for 2024. That compares with £120.30K in 2023, a change of -14.04%.
WALLACE BAGPIPES SCOTLAND LTD. reported cash in bank of £2.93K for 2024. That compares with £3.48K in 2023, a change of -15.92%.
WALLACE BAGPIPES SCOTLAND LTD. reported 5 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, WALLACE BAGPIPES SCOTLAND LTD.'s net assets fell by 93.1%, cash in bank fell by 3.8%, total assets fell by 28.3% and total liabilities fell by 24.5%. Net assets contracted at 73.8% a year across the two years to 2024, from £7.96K to £546.00. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.