Company Overview
Wl Realisations Limited is a Insolvency Proceedings Private Limited Company. The company was incorporated on Wednesday 12 June 2002, so this is a well established company. Wl Realisations Limited has been in business for 23 years and 10 months. The accounts status is small and the accounts are next due on Wednesday 01 November 2023.
Registered Address

C/O Interpath Ltd 5Th Floor, 130 St. Vincent Street, Glasgow, G2 5HF
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Companies House Data
Company NameWL REALISATIONS LIMITED
Company NumberSC232653
Registered Office AddressC/O Interpath Ltd 5th Floor
 130 St. Vincent Street
 G2 5HF
Company CategoryPrivate Limited Company
Company StatusInsolvency Proceedings
Country of OriginUnited Kingdom
Incorporation Date12/06/2002
Accounting Reference Date Day1
Accounting Reference Date Month2
Accounts Next Due Date01/11/2023
Accounts Last Made Up Date31/01/2022
Accounts Account CategorySMALL
Returns Next Due Date10/07/2017
Returns Last Made Up Date12/06/2016
Previous Company NameChanged Date
WILKIES LIMITED03 Jul 2023
Directors & Members
Show Resigned
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Jan-2022 30-Jan-2014 30-Jan-2013
Balance Sheet
Fixed Assets 215,795 215,795 204,607
Current Assets 707,036 707,036 639,127
Creditors Due Within One Year 704,650 704,650 590,972
Working Cap 2,386 2,386 48,155
Total Assets Less Current Liabilities 218,181 218,181 252,762
Long-term Liabilities 18,114 18,114 24,895
Net Assets 200,067 200,067 227,867
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 199,967 199,967 227,767
Other Reserves 0 0 0
Shareholders Funds 200,067 200,067 227,867
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2022 30-Jan-2014 30-Jan-2013
Tangible Fixed Assets - - -
Fixed Assets 23.4% 23.4% 24.3%
Stocks Inventory 33.9% 33.9% 26.1%
Debtors 3.7% 3.7% 3.1%
Cash Bank In Hand 39.0% 39.0% 46.5%
Current Assets 76.6% 76.6% 75.7%
Creditors Due Within One Year 76.4% 76.4% 70.0%
Net Current Assets Liabilities 0.3% 0.3% 5.7%
Creditors Due After One Year 0.2% 0.2% 1.5%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 21.7% 21.7% 27.0%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 21.7% 21.7% 27.0%
Shareholder Funds 21.7% 21.7% 27.0%
Capital Employed - - -
Total Assets Less Current Liabilities 23.6% 23.6% 30.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2022 30-Jan-2014 30-Jan-2013
Liquidity Ratio 1.0 1.0 1.1
Solvency Ratio 1.3 1.3 1.4
Reserves to Assets 0.2 0.2 0.3
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jan-2022 30-Jan-2014 30-Jan-2013
Assets 922,831 922,831 843,734
Debt 722,764 722,764 615,867
Net Assets/Debt 200,067 200,067 227,867

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 amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Insolvency Proceedings.

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 amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Insolvency Proceedings.  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 amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Insolvency Proceedings.

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
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Document Filings
Final Gazette dissolved following liquidation
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Termination of appointment of Karen Forret as a director on 29 July 2023
Termination of appointment of Mary Cullen-Young as a director on 29 July 2023
Registered office address changed from C/O Interpath Ltd 5th Floor 130 st Vincent Street Glasgow EH10 4AY to C/O Interpath Ltd 5th Floor 130 st. Vincent Street Glasgow G2 5HF on 28 July 2023
Registered office address changed from 85 Morningside Road Edinburgh EH10 4AY to C/O Interpath Ltd 5th Floor 130 st Vincent Street Glasgow EH10 4AY on 7 July 2023
Appointment of an administrator
Certificate of change of name
Confirmation statement made on 12 June 2023 with no updates
Satisfaction of charge SC2326530003 in full
Satisfaction of charge 1 in full
Second filing of the annual return made up to 12 June 2016
Satisfaction of charge 2 in full
Termination of appointment of the Great Forret Enterprises Limited as a director on 5 June 2023
Cessation of Karen Forret as a person with significant control on 12 June 2017
Notification of Tgwh Limited as a person with significant control on 6 April 2016

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