# WATSON AND LYALL LIMITED (SC091377)

> WATSON AND LYALL LIMITED is an active private limited company (company number SC091377) incorporated on 25 January 1985, registered in Loanhead. Its registered activity is other building completion and finishing (SIC 43390). Latest small accounts cover the period ending 31 December 2025, showing net assets of £23k and cash of £7,822, with 19 employees on average. Net assets fell 45% on the prior period (£42k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 1985-01-25
- Registered office: Loanhead, EH20 9LZ
- SIC 43390: Other building completion and finishing
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-02-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 134 comparable companies in Edinburgh (median £3,727, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £23k | £7,822 | — | £234k | — | — | 19 |
| 2024-12-31 | £42k | £96k | £181k | — | — | — | 20 |
| 2023-12-31 | £656k | £21k | £196k | — | — | — | 24 |

current ratio 0.98; net assets trend falling; size band micro.

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

- Net assets above zero: Net assets £23,029 at 31 December 2025
- Net assets down 25% or more on the prior period: -45.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.98
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 25 January 1985

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

## Persons with significant control

- Fountainbank Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, 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/SC091377
HTML: https://firmoscan.com/company/SC091377-watson-and-lyall-limited