Company Overview
Wgs Developments Ltd. is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 01 November 2002, so this is a well established company. Wgs Developments Ltd. has been in business for 23 years and 5 months. The accounts status is micro entity and the accounts are next due on Monday 31 August 2026.
Registered Address

C/O 2, Alcorn Rigg, Edinburgh, EH14 3BF
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Companies House Data
Company NameWGS DEVELOPMENTS LTD.
Company NumberSC239017
Registered Office AddressC/O 2
 Alcorn Rigg
 EH14 3BF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/11/2002
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2026
Accounts Last Made Up Date30/11/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date29/11/2016
Returns Last Made Up Date01/11/2015
Directors & Members
Show Resigned
Carol Cooper - Director
(British, 56 years old, born November 1970)
Appointed 01 January 2003
 Active
Tolga Falahat - Director
(British, 55 years old, born July 1971)
Appointed 01 May 2019
 Active
Secretaries
Show Resigned
Jack Ferry - Secretary
Appointed 04 May 2019
 Active
Other Company Directorships
Carol Cooper
GREEN MAN CATERING LTD
GROUPCONCEPT LTD.
PONIES ASSOCIATION (U.K.)
QUATTRA LTD
SCOTTS CATERING LIMITED
XECTA SERVICES LTD.
Tolga Falahat
INTELGENIC LTD
REGAL ESTATE MANAGEMENT LTD
SEAMETAL UK LTD
SHOWTIME EQUESTRIAN LTD
XECTA SERVICES LTD.
Balance Sheet Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Balance Sheet
Fixed Assets 325,395 325,395 287,483
Current Assets 29,389 29,389 9,574
Creditors Due Within One Year 21,234 21,234 -9,382
Working Cap 8,155 8,155 18,956
Total Assets Less Current Liabilities 333,550 333,550 306,439
Long-term Liabilities 316,809 316,809 281,603
Net Assets 16,741 16,741 24,836
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 16,741 16,741 24,836
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Tangible Fixed Assets - - -
Fixed Assets 91.7% 91.7% 96.8%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 8.3% 8.3% 3.2%
Creditors Due Within One Year 6.0% 6.0% -3.2%
Net Current Assets Liabilities 2.3% 2.3% 6.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 4.7% 4.7% 8.4%
Capital Employed - - -
Total Assets Less Current Liabilities 94.0% 94.0% 103.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Liquidity Ratio 1.4 1.4 -1.0
Solvency Ratio 1.1 1.1 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Assets 354,784 354,784 297,057
Debt 338,043 338,043 272,221
Net Assets/Debt 16,741 16,741 24,836

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EH14 3BF
THISTLE VETS LIMITED
1 ALCORN RIGG, CLOVENSTONE DRIVE, WESTER HAILES, EDINBURGH, EH14 3BF
Document Filings
Confirmation statement made on 17 May 2025 with no updates
Confirmation statement made on 17 May 2024 with updates
Director's details changed for Ms Carol Alanda Cooper on 17 January 2024
Change of details for Ms Carol Alanda Cooper as a person with significant control on 17 January 2024
Director's details changed for Mr Tolga Falahat on 17 January 2024
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 17 May 2023 with no updates
Confirmation statement made on 17 May 2022 with no updates
Confirmation statement made on 17 May 2021 with no updates
Confirmation statement made on 17 May 2020 with no updates
Confirmation statement made on 17 May 2019 with updates
Registered office address changed from 4-5 Mitchell Street Edinburgh EH6 7BD Scotland to C/O 2 Alcorn Rigg Edinburgh EH14 3BF on 17 May 2019
Appointment of Mr Jack Ferry as a secretary on 4 May 2019
Notification of Tolga Falahat as a person with significant control on 1 May 2019
Appointment of Mr Tolga Falahat as a director on 1 May 2019
Termination of appointment of Claudia Cooper as a secretary on 1 May 2019
Confirmation statement made on 31 October 2018 with no updates
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