Active06180063Private limited companyReading

WTL DEVELOPMENTS LTD

D40/100

Owned by Steven Gerald Daines (75–100%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

WTL DEVELOPMENTS LTD is an active private limited company (company number 06180063) incorporated on 23 March 2007, registered in Reading. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£24k and cash of £9,511, with 1 employee on average. Net assets fell 22% on the prior period (−£20k). Across the last 3 periods on record the net-asset trend is falling.

Peer position · net assets

By net assets it sits in the lower half of 3,692 comparable companies in Reading (median £1, upper quartile £12k).

02

Key dates

Incorporated
23 March 200719 yrs ago
Next accounts due
31 December 2026in 70 days
Confirmation statement due
6 April 2027in 166 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 68100
Buying and selling of own real estate
Accounts type
Total Exemption Full
Size band
MicroCompanies Act thresholds
04

Financials

3 periods on record · latest ending 31 March 2025
Net assets
−£24k
vs Mar 2024
Cash at bank
£9,511
+129%vs Mar 2024
Turnover
Not reported
Employees
1
No changevs Mar 2024
Net assets
−£24k
Cash at bank
£9,511
Average employees
1
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 March 2025−£24k£9,511—£1.05m——1
31 March 2024−£20k£4,158—£594k——1
31 December 2023−£14k£6,335—£589k——1
Current ratio0.7Current liabilities exceed current assets
Cash per employee£9,511Cash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

05

Firmoscan score

Rules-based · every point shows its evidence
40 / 100 · grade D
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
−15Negative net assetsNet assets £-24,130 at 2025-03-31
−8Current liabilities exceed current assetsCurrent ratio 0.7
+5Multi-year filing history3 periods on record
+8EstablishedIncorporated 2007-03-23 (20 years)
40Score, grade D

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active · 2 other
  • Mr Steven Gerald Daines
    Individual · since 6 April 2016
    • owns 75–100% of shares
    • holds 75–100% of voting rights
    • can appoint or remove directors
  • Luke Daines
    Individual · since 18 June 2021 · ceased 11 April 2024
    • owns 25–50% of shares
  • Charlotte Rachel Daines
    Individual · since 18 June 2021 · ceased 11 April 2024
    • owns 25–50% of shares

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Confirmation statement duein 166 days
  2. Next accounts duein 70 days
  3. Accounts period endNet liabilities £24k · small accounts
  4. Accounts period endNet liabilities £20k · small accounts
  5. Accounts period endNet liabilities £14k · small accounts
  6. Incorporated
08

Similar companies in Reading

Same activity (buying and selling of own real estate), closest in incorporation date
09

Reminders for WTL DEVELOPMENTS LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.