WALLACE, MCDOWALL LIMITED

BLD 11C SPIRIT AEROSYSTEMS, TARBOLTON ROAD, MONKTON, AYRSHIRE, KA9 2RR

Company Number: SC046491
Incorporation date: 10-Apr-1969
Status: Active
Entity type: Private Limited Company

SIC codes:
24330 Cold forming or folding
25990 Manufacture of other fabricated metal products not elsewhere classified




SUMMARY

This company is 55.2 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 3.4 million which has increased from GBP 1.6 million in the previous year. The latest reported revenue figure is GBP 12.2 million which is up 10% on previous year's figure of GBP 11.3 million. The company has 3 active officers (directors or partners) who are or were officers of 19 other companies, 1 (5.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 12,248,037 243,703 178,157 190,044 255,590
31-Dec-2018 GBP 11,280,487 -200,392 279 89,030 -238,730 -50,413
31-Dec-2017 GBP 11,317,351 -146,396 83 78,860 -17,942 -207,231
31-Dec-2016 GBP 10,177,152 -65,248 2,401 89,207 -37,217 -114,837
31-Dec-2015 GBP 11,680,252 650,843 100,703 110,641 439,499
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 46,952 6,609,987 5,406,626 1,191,635 487,176 60,000 1,348,703 3,372,694
31-Dec-2018 GBP 187,791 4,154,947 4,060,244 650,680 487,176 60,000 1,093,113 1,640,289
31-Dec-2017 GBP 413,138 4,364,678 4,227,304 1,030,629 487,176 60,000 1,143,526 1,690,702
31-Dec-2016 GBP 410,372 3,733,210 3,274,555 557,673 487,176 1,350,757 1,897,933
31-Dec-2015 GBP 1,035,274 4,979,039 4,512,136 999,419 487,176 1,465,594 2,012,770
31-Dec-2014 GBP 487,176 1,026,095 1,573,271

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Yvonne WARD 18 Jun 2014 21 Jun 2019 British 0 - 1
Resigned James WILSON 27 Feb 2002 18 Jun 2014 Managing Director British 1 - 11
Resigned David Mclachlan Lindsay CORSON 20 Aug 1996 27 Feb 2002 Director British 6 - 25
Resigned Stewart Robert WATSON 09 Nov 1994 20 Aug 1996 Accountant British 0 - 6
Resigned David Mclachlan Lindsay CORSON 20 Jul 1994 09 Nov 1994 General Manager British 6 - 25
Resigned John Gordon HASTIE 16 Apr 1993 02 Apr 1993 Chartered Accountant British 0 - 9
Resigned Margaret Limond BAKER 16 Apr 1993 British 0 - 5

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active John Hume GEMMELL 18 Apr 2022 Plant Director British 2 - 00 (0.0%)
Active HLD GOC HOLDINGS LIMITED 31 Jul 2020 19 - 52 (8.3%)
Resigned Logan COLLINS 19 Jul 2019 22 Apr 2022 Managing Director British 0 - 30 (0.0%)
Resigned Derek Scovell JOHNSTONE 19 Jul 2019 26 Mar 2024 Managing Director British 1 - 20 (0.0%)
Active Yvonne WARD 19 Jul 2019 Director British 2 - 10 (0.0%)
Resigned William WILSON 19 Jul 2019 31 Mar 2022 Director British 3 - 50 (0.0%)
Resigned James WILSON 19 Jul 2019 31 Jul 2020 Director British 1 - 112 (16.7%)
Resigned Demis Armen OHANDJANIAN 21 Jun 2019 26 Jul 2019 Company Director British 7 - 101 (5.9%)
Resigned Derek Scovell JOHNSTONE 31 Jul 2015 21 Jun 2019 Engineering Director British 0 - 20 (0.0%)
Resigned William WILSON 31 Jul 2015 21 Jun 2019 Facilities Director British 3 - 50 (0.0%)
Resigned Logan COLLINS 01 Dec 2013 21 Jun 2019 Operational Director British 0 - 20 (0.0%)
Resigned Alistair SIMMONDS 20 Apr 2007 08 Jan 2010 Director British 0 - 10 (0.0%)
Resigned James GILLIES 20 Apr 2007 06 Jan 2011 Director British 0 - 20 (0.0%)
Resigned Joseph Skimming BROWN 09 Jan 2001 09 Nov 2001 Sales Dir British 0 - 31 (33.3%)
Resigned Thomas PROSSER 22 Mar 1999 07 Jan 2000 Company Director British 0 - 10 (0.0%)
Resigned James WILSON 12 Mar 1999 21 Jun 2019 Managing Director British 1 - 112 (16.7%)
Resigned James Bernard TAYLOR 12 Mar 1999 19 Jan 2000 Company Director British 0 - 42 (50.0%)
Resigned Joseph Skimming BROWN 01 Jul 1998 19 Jan 2000 Sales Director British 0 - 31 (33.3%)
Resigned Martin Mark DOOLAN 01 Jul 1998 01 Dec 2013 Operations Director British 0 - 30 (0.0%)
Resigned Stephen Patrick WATSON 20 Aug 1996 09 Nov 2001 Director British 0 - 54 (80.0%)
Resigned David Mclachlan Lindsay CORSON 20 Aug 1996 27 Feb 2002 Chairman British 6 - 2515 (48.4%)
Resigned Robert Walter, Mr. MCKAY 20 Aug 1996 19 Feb 2007 Director British 0 - 105 (50.0%)
Resigned Archibald Arbuckle EASTON 27 Feb 1995 20 Aug 1996 General Manager British 0 - 50 (0.0%)
Resigned Ian MAGUIRE 01 Jul 1994 10 Feb 1995 Sales & Marketting British 0 - 10 (0.0%)
Resigned Robert Stuart CARDOW 01 Jul 1994 28 Apr 1995 Mechanical Engineer British 0 - 41 (25.0%)
Resigned John LUMSDEN 20 Jun 1994 20 Aug 1996 Chartered Accountant British 0 - 195 (26.3%)
Resigned Malcolm PHILLIPS 16 Apr 1993 20 Aug 1996 Chartered Engineer British 0 - 138 (61.5%)
Resigned James MCCARTNEY 16 Apr 1993 20 Aug 1996 Chartered Accountant British 0 - 129 (75.0%)
Resigned John Gordon HASTIE 16 Apr 1993 02 Apr 1993 Chartered Accountant British 0 - 94 (44.4%)
Resigned Robald MCLECHAN 02 Apr 1993 16 Apr 1993 Accountant British 0 - 21 (50.0%)
Resigned Margaret Limond BAKER 26 Mar 1991 31 May 1994 Secretary British 0 - 52 (40.0%)
Resigned David Mclachlan Lindsay CORSON 01 Feb 1991 02 Nov 1994 Director British 6 - 2515 (48.4%)
Resigned Catherine CORSON 16 Apr 1993 Sales Director British 0 - 21 (50.0%)
Resigned Margaret Limond BAKER 31 May 1994 Secretary British 0 - 52 (40.0%)
Resigned Thomas BRECHANY 04 Jan 1991 Manager/Technical Director British 0 - 10 (0.0%)
Resigned Donald CAMPBELL 24 Feb 1990 Management Consultant British 0 - 10 (0.0%)
Resigned William SLATTERY 20 Dec 1996 Company Director British 0 - 43 (75.0%)
Number of active directors: 3
Average tenure of active directors: 3.6 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 2.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CM REALISATIONS 2023 LIMITED (02295824) - In Administration
CAVALIER MARKETING HOLDINGS LIMITED (09064396) - Active
HLD GOC LIMITED (09066955) - Active
EUROSIGNS HOLDINGS LIMITED (09917441) - Active
AJWG LIMITED (11961465) - Active
HLD NUMBER 10 LIMITED (13869800) - Active
AQUADART BATHROOMS LIMITED (13908044) - In Administration
HLD NUMBER 30 LIMITED (14276864) - Active
RLD STOCK LIMITED (14713751) - Active
HLD NUMBER 40 LIMITED (14714390) - Active
YORKSHIRE SHOWER TRAYS LIMITED (14714391) - Active
HTBT INVESTMENTS LIMITED (15358627) - Active
HLD NUMBER 70 LIMITED (15358629) - Active
HLD NUMBER 100 LIMITED (15360571) - Active
HLD NUMBER 90 LIMITED (15360578) - Active
HLD NUMBER 110 LIMITED (15360593) - Active
WALLACE, MCDOWALL LIMITED (SC046491) - Active
SPS (AYR) LIMITED (SC265805) - Active
TARBOLTON ESTATES LIMITED (SC315711) - Active
HEARTBEAT GROUP LIMITED (SC628805) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-05-312015-05-312014-05-312013-05-312012-05-31
WMD HOLDINGS LIMITEDORDINARY320,000
65.7%
320,000
65.7%
320,000
65.7%
320,000
65.7%
320,000
65.7%
WMD HOLDINGS LIMITEDDEFERRED ORDINARY167,176
34.3%
167,176
34.3%
167,176
34.3%
167,176
34.3%
167,176
34.3%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

WALLACE, MCDOWALL LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


Title Date filed Status Publication number
Golf training device 1995-03-08 Terminated GB2287412
Re-usable coffin 1995-02-20 Ceased GB2286583
Tensioning devices for elongate, flexible connectors 1992-02-18 Terminated GB2264991
Security door arrangement 1991-01-30 Ceased GB2241526
Telescopic clamping bar for a security door 1991-01-30 Ceased GB2272472
Posture support chair 1986-04-07 Terminated GB2176396
Combined trailed slurry and dung spreader 1984-10-13 Terminated GB2165432

COMPETITORS

(Based on Sic code: 24330 Cold forming or folding)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
HIGH FIRE LIMITED 161 SCUDAMORE ROAD, LEICESTER, LE3 1UQ 02906447 2019-04-30 0 0 28120-Manufacture of fluid power equipment
28940-Manufacture of machinery for textile, apparel and leather production
UNISTRUT LIMITED DELTA POINT, GREETS GREEN ROAD, WEST BROMWICH, B70 9PL 01050870 0000-00-00 0 0 25500-Forging, pressing, stamping and roll-forming of metal; powder metallurgy
25620-Machining

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
WALLACE, MCDOWALL LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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