# WALLACE GROUP LIMITED (SC245921)

> WALLACE GROUP LIMITED is an active private limited company (company number SC245921) incorporated on 18 March 2003, registered in Stirling. Its registered activity is other specialised construction activities n.e.c. (SIC 43999). Latest abridged accounts cover the period ending 30 November 2024, showing net assets of −£479k and cash of £230k, with 26 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 262% on the prior period (£296k).

- Status: Active
- Incorporated: 2003-03-18
- Registered office: Stirling, FK7 7TA
- SIC 43999: Other specialised construction activities n.e.c.
- Next accounts due: 2026-08-30
- Confirmation statement due: 2027-04-01
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the bottom quarter of 6,076 comparable companies in Other (median £7,848, upper quartile £60k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-11-30 | −£479k | £230k | £587k | £1.38m | — | — | 26 |
| 2023-11-30 | £296k | £205k | £1.64m | £1.60m | — | — | 27 |

current ratio 0.65; size band micro.

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

- Net assets below zero: Net assets £-479,000 at 30 November 2024
- Net assets down 25% or more on the prior period: -261.8% vs prior period
- Current assets below creditors within one year: Current ratio 0.65
- Cash at bank of £50,000 or more: Cash £230,000
- Incorporated five or more years ago: Incorporated 18 March 2003
- Accounts past their due date: Due 30 August 2026

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

## Persons with significant control

- Mr Henry Turnbull — has significant influence or control, since 2017-03-07

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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/SC245921
HTML: https://firmoscan.com/company/SC245921-wallace-group-limited