WALLACE ELECTRICAL LIMITED

Company number SC188797 · Active · Glasgow G2 1AL

Owned by Julie Wallace and Mark John Wallace

B
Firmoscan score 72/100
Companies House ↗

WALLACE ELECTRICAL LIMITED is an active private limited company (company number SC188797) incorporated on 26 August 1998, registered in Glasgow. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 31 August 2025, showing net assets of £74k and cash of £67k, with 13 employees on average. Net assets rose 1% on the prior period (£74k).

By net assets it sits in the top quarter of 809 comparable companies in Glasgow (median £5,206, upper quartile £35k).

Key dates

Incorporated
26 August 1998
Next accounts due
31 May 2027 — in 221 days
Confirmation statement due
9 September 2027 — in 322 days

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

Activity

SIC 43210
Electrical installation
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 31 August 2025

Net assets
Net assetsAug 2024: £74k; Aug 2025: £74k£74k£74kAug 2024Aug 2025
Cash at bank
Cash at bankAug 2024: £10k; Aug 2025: £67k£10k£67kAug 2024Aug 2025
Average employees
Average employeesAug 2024: 15; Aug 2025: 131513Aug 2024Aug 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 August 2025£74k£67k£172k———13
31 August 2024£74k£10k£306k———15
Cash per employee
£5,158

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

Firmoscan score: 72/100 (grade B)

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

Ownership and control

  • Julie Wallace — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016
  • Mark John Wallace — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016

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

Similar companies in Glasgow

Same activity (electrical installation), closest in incorporation date.

All companies incorporated on 26 August 1998 · in Aug 1998.

Reminders for WALLACE ELECTRICAL LIMITED

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