WALLACESTONE PROPERTY LTD

Company number SC750485 · Active · Glasgow G32 8FH

Owned by Jennifer Macgrain and David Macgrain

E
Firmoscan score 21/100
Companies House ↗

WALLACESTONE PROPERTY LTD is an active private limited company (company number SC750485) incorporated on 15 November 2022, registered in Glasgow. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 30 November 2024, showing net assets of −£5,189 and cash of £7,003, with 2 employees on average. Net assets fell 235% on the prior period (−£1,549).

By net assets it sits in the lower half of 4,677 comparable companies in Glasgow (median £0, upper quartile £11k).

Key dates

Incorporated
15 November 2022
Next accounts due
30 August 2026 — 53 days overdue
Confirmation statement due
29 November 2026 — in 38 days

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

Activity

SIC 68209
Other letting and operating of own or leased real estate
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 30 November 2024

Net assets
Net assetsNov 2023: −£1,549; Nov 2024: −£5,189−£1,549−£5,189Nov 2023Nov 2024
Cash at bank
Cash at bankNov 2023: £3,359; Nov 2024: £7,003£3,359£7,003Nov 2023Nov 2024
Average employees
Average employeesNov 2023: 2; Nov 2024: 222Nov 2023Nov 2024
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
30 November 2024−£5,189£7,003£106———2
30 November 2023−£1,549£3,359£0———2
Cash per employee
£3,502

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

Firmoscan score: 21/100 (grade E)

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

  • Mrs Jennifer Macgrain — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 15 November 2022
  • Mr David Macgrain — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 15 November 2022

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 (other letting and operating of own or leased real estate), closest in incorporation date.

All companies incorporated on 15 November 2022 · in Nov 2022.

Reminders for WALLACESTONE PROPERTY LTD

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