WALLACE PHARMACEUTICALS LTD Financials
- Company number
- SC758342CopyCopy
- Registered office
- 67 Broomfield Avenue, Newton Mearns, Glasgow G77 5JR
- Incorporated
- 09/02/2023
Company snapshot
- Status
- Active
- Employees
- 10 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2024–2026.
Net Assets
149.98%vs 20252025: £316.10K
Total Assets
36.87%vs 20252025: £1.23M
Cash in Bank
-29.83%vs 20252025: £323.99K
Total Liabilities
-1.80%vs 20252025: £903.66K
Employees
0vs 20252025: 10
In 2026, WALLACE PHARMACEUTICALS LTD reported net assets of £790.20K. The same filing shows total assets of £1.69M, cash in bank of £227.34K and total liabilities of £887.37K. Reported headcount was 10 in 2026. Net Assets rose from £316.10K in 2025 to £790.20K in 2026 (149.98%). Okredo holds filed figures for 2024–2026; 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
149.98%from £316.10K in 2025Year-on-year change
Net Assets as filed for 2024–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures WALLACE PHARMACEUTICALS LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
+2200%vs 2024+380% a year compound (CAGR)
Cash in Bank
+130%vs 2024+51.7% a year compound (CAGR)
Total Assets
+73.9%vs 2024+31.9% a year compound (CAGR)
Total Liabilities
-3.4%vs 2024-1.7% a year compound (CAGR)
Employees
+11.1%vs 2024+1Biggest increase
Net Assets+2200%
£34.35K in 2024 to £790.20K in 2026
Biggest decrease
Total Liabilities-3.4%
£918.87K in 2024 to £887.37K in 2026
WALLACE PHARMACEUTICALS LTD's filings pull in both directions between 2024 and 2026. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WALLACE PHARMACEUTICALS 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
- 46.79%2026
- 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
- 52.54%2026
- 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
- 25.62%2026
- 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
- 13.46%2026
- 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 PHARMACEUTICALS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2024 | 2025 | 2026 |
|---|---|---|---|
| Net Assets£ | 34.35K | 316.10K | 790.20K |
| Total Assets£ | 971.05K | 1.23M | 1.69M |
| Cash in Bank£ | 98.80K | 323.99K | 227.34K |
| Total Liabilities£ | 918.87K | 903.66K | 887.37K |
| Employees | 9 | 10 | 10 |
WALLACE PHARMACEUTICALS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WALLACE PHARMACEUTICALS LTD covering 2024–2026, across 5 reported indicators. The most recent reported year is 2026.
WALLACE PHARMACEUTICALS LTD reported net assets of £790.20K for 2026. That compares with £316.10K in 2025, a change of 149.98%.
WALLACE PHARMACEUTICALS LTD reported total assets of £1.69M for 2026. That compares with £1.23M in 2025, a change of 36.87%.
WALLACE PHARMACEUTICALS LTD reported cash in bank of £227.34K for 2026. That compares with £323.99K in 2025, a change of -29.83%.
WALLACE PHARMACEUTICALS LTD reported 10 employees in 2026, compared with 10 in 2025.
Between 2024 and 2026, WALLACE PHARMACEUTICALS LTD's net assets rose by 2200%, cash in bank rose by 130%, total assets rose by 73.9% and total liabilities fell by 3.4%. Net assets compounded at 380% a year across the two years to 2026, from £34.35K to £790.20K. Reported headcount went from 9 in 2024 to 10 in 2026 (+1).
Okredo holds reported figures for the years 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.