# WALLACE GEOPHYSICAL LIMITED (05526046)

> WALLACE GEOPHYSICAL LIMITED is an active private limited company (company number 05526046) incorporated on 2 August 2005, registered in Newquay. Its registered activity is support activities for petroleum and natural gas mining (SIC 09100). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £27k, 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 fell 77% on the prior period (£117k).

- Status: Active
- Incorporated: 2005-08-02
- Registered office: Newquay, TR7 1DX
- SIC 09100: Support activities for petroleum and natural gas mining
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-16
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 420 comparable companies in Other (median £9,697, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £27k | — | — | £2,455 | — | — | 1 |
| 2024-08-31 | £117k | — | — | £2,004 | — | — | 1 |

current ratio 12.33; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £27,358 at 31 August 2025
- Net assets down 25% or more on the prior period: -76.7% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 12.33
- Incorporated five or more years ago: Incorporated 2 August 2005

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr David Morgan Wallace — owns 75–100% of shares; holds 75–100% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05526046
HTML: https://firmoscan.com/company/05526046-wallace-geophysical-limited