£4,236
+11%vs Sept 2023Active - Proposal to Strike offSC609023Private limited companyNorth Berwick
THE WISE FOLLY LTD
Significant control: Gareth Lancefield Cotten (75–100%)
Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved. Status as shown on the Companies House register at 31 August 2026; it may have changed since. Check the live record.
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does The Wise Folly Ltd sell?
Registered activity: Hotels and similar accommodation (SIC 55100). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
THE WISE FOLLY LTD is an active (proposal to strike off) private limited company (company number SC609023) incorporated on 25 September 2018, registered in North Berwick. Its registered activity is hotels and similar accommodation (SIC 55100). Latest micro accounts cover the period ending 30 September 2024, showing net assets of £4,236, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 11% on the prior period (£3,824).
Peer position · net assets
By net assets it sits in the upper half of 260 comparable companies in Edinburgh (median £1, upper quartile £66k).
02
Ownership and control
- Mr Gareth Lancefield Cotten
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 25 September 20188 yrs ago
- Next accounts due
- 30 June 2026117 days overdue
- Confirmation statement due
- 9 October 2027in 349 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 55100
- Hotels and similar accommodation
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
1
No changevs Sept 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 September 2024 | £4,236 | — | — | — | — | — | 1 |
| 30 September 2023 | £3,824 | — | — | — | — | — | 1 |
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets above zeroNet assets £4,236 at 30 September 2024
- Net assets up 10% or more on the prior period+10.8% vs prior period
- Incorporated five or more years agoIncorporated 25 September 2018
- Register status is not ActiveActive - Proposal to Strike off
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 349 days
- Next accounts due117 days overdue
- Accounts period endNet assets £4,236 · micro accounts
- Accounts period endNet assets £3,824 · micro accounts
- Incorporated
08
Similar companies in Edinburgh
- CALTON LIVING LTDEdinburgh · inc. Oct 2018
- FIRST SMART WESTHILL LIMITED139 Fountainbridge · inc. Oct 2018
- FIRST SMART D2 LIMITED139 Fountainbridge · inc. Oct 2018
- SECOND SMART D2 LIMITED139 Fountainbridge · inc. Oct 2018
- SECOND SMART WESTHILL LIMITED139 Fountainbridge · inc. Oct 2018
- THIRD SMART D2 LIMITED139 Fountainbridge · inc. Oct 2018
All companies incorporated on 25 September 2018 · in Sept 2018.
09
Reminders for THE WISE FOLLY LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.