WALLACES UK LIMITED Financials
- Company number
- SC231338CopyCopy
- Registered office
- 482 Lanark Road West, Edinburgh EH14 7AN
- Incorporated
- 09/05/2002
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
36.32%vs 20232023: £-37.60K
Total Assets
-6.49%vs 20232023: £121.83K
Total Liabilities
-13.52%vs 20232023: £159.44K
Employees
-1vs 20232023: 9
In 2024, WALLACES UK LIMITED reported net assets of £-23.95K. The same filing shows total assets of £113.93K and total liabilities of £137.88K. Reported headcount was 8 in 2024. Total Liabilities fell from £159.44K in 2023 to £137.88K in 2024 (-13.52%). 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
36.32%from £-37.60K 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 WALLACES UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Total Assets
-15.3%vs 2022-8% a year compound (CAGR)
Total Liabilities
-14.6%vs 2022-7.6% a year compound (CAGR)
Employees
-20%vs 2022-2Biggest decrease
Employees-20%
10 in 2022 to 8 in 2024
WALLACES UK LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WALLACES UK LIMITED'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
- -21.02%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
- 121.02%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WALLACES UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 81.56K | -26.88K | -37.60K | -23.95K |
| Total Assets£ | 247.37K | 134.51K | 121.83K | 113.93K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 165.81K | 161.39K | 159.44K | 137.88K |
| Employees | 10 | 10 | 9 | 8 |
WALLACES UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WALLACES UK LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
WALLACES UK LIMITED reported net assets of £-23.95K for 2024. That compares with £-37.60K in 2023, a change of 36.32%.
WALLACES UK LIMITED reported total assets of £113.93K for 2024. That compares with £121.83K in 2023, a change of -6.49%.
WALLACES UK LIMITED reported total liabilities of £137.88K for 2024. That compares with £159.44K in 2023, a change of -13.52%.
WALLACES UK LIMITED reported 8 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, WALLACES UK LIMITED's total assets fell by 15.3%, total liabilities fell by 14.6% and employee numbers fell by 20%. Total assets contracted at 8% a year across the two years to 2024, from £134.51K to £113.93K. Reported headcount went from 10 in 2022 to 8 in 2024 (-2).
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.