Company Overview
Real Estate Wealth Development Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 18 February 2019, so this is a well established company. Real Estate Wealth Development Limited has been in business for 7 years and 1 month. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Afton House, First Floor, 26 West Nile Street, Glasgow, G1 2PF
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Companies House Data
Company NameREAL ESTATE WEALTH DEVELOPMENT LIMITED
Company NumberSC621494
Registered Office AddressAfton House, First Floor
 26 West Nile Street
 G1 2PF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/02/2019
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date17/03/2020
Directors & Members
Show Resigned
Laurie Duncan - Director
(British, 42 years old, born May 1984)
Appointed 11 March 2019
Active
Alexander Robertson - Director
(British, 42 years old, born September 1984)
Appointed 18 February 2019
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 4,317,573 4,317,573 2,154,995
Current Assets 353,229 353,229 243,911
Creditors Due Within One Year 1,276,293 1,276,293 887,152
Working Cap -923,064 -923,064 -643,241
Total Assets Less Current Liabilities 3,394,509 3,394,509 1,511,754
Long-term Liabilities 2,726,365 2,726,365 1,041,055
Net Assets 668,144 668,144 470,699
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 668,144 668,144 470,699
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 92.4% 92.4% 89.8%
Stocks Inventory - - -
Debtors 7.5% 7.5% 7.3%
Cash Bank In Hand 0.1% 0.1% 2.9%
Current Assets 7.6% 7.6% 10.2%
Creditors Due Within One Year 27.3% 27.3% 37.0%
Net Current Assets Liabilities -19.8% -19.8% -26.8%
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 14.3% 14.3% 19.6%
Capital Employed - - -
Total Assets Less Current Liabilities 72.7% 72.7% 63.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.3 0.3 0.3
Solvency Ratio 1.2 1.2 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 80
Mortgages Outstanding 69
Mortgages Part Satisfied 2
Mortgages Satisfied 9
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 4,670,802 4,670,802 2,398,906
Debt 4,002,658 4,002,658 1,928,207
Net Assets/Debt 668,144 668,144 470,699

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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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MARRA BROTHERS RESIDENTIAL LETTING LIMITED
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CLARMAC ENGINEERING COMPANY LIMITED
Kroll Buchler Phillips, Afton House, 26 West Nile Street, Glagow, G1 2PF
ODIN CONSULTING ENGINEERS LIMITED
Afton House First Floor, 26 West Nile Street, Glasgow, G1 2PF
ALBA AGENCIES LIMITED
KROLL LIMITED AFTON HOUSE, 26 WEST NILE STREET, GLASGOW, G1 2PF
PLAYAWAY SUPPLIES (SCOTLAND) LIMITED
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ALBATRANS (UK) LIMITED
112 WEST GEORGE STREET, GLASGOW, G1 2PF
MOTHERWELL BRIDGE THERMAL LIMITED
Afton House, 26 West Nile Street, Glasgow, G1 2PF
Document Filings
Confirmation statement made on 25 February 2026 with updates
Satisfaction of charge SC6214940010 in part
Registration of charge SC6214940080, created on 3 November 2025
Registration of charge SC6214940079, created on 29 July 2025
Registered office address changed from Rewd Group Hq Unit 4 Barons Court Grangemouth FK3 8BH Scotland to Afton House, First Floor 26 West Nile Street Glasgow G1 2PF on 3 June 2025
Confirmation statement made on 25 February 2025 with no updates
Satisfaction of charge SC6214940073 in full
Registration of charge SC6214940076, created on 29 April 2024
Registration of charge SC6214940077, created on 29 April 2024
Registration of charge SC6214940078, created on 29 April 2024
Confirmation statement made on 25 February 2024 with no updates
Registration of charge SC6214940075, created on 15 December 2023
Registration of charge SC6214940074, created on 4 December 2023
Satisfaction of charge SC6214940042 in full
Satisfaction of charge SC6214940018 in full
Satisfaction of charge SC6214940013 in part
Confirmation statement made on 25 February 2023 with no updates
Registration of charge SC6214940073, created on 24 November 2022
Registration of charge SC6214940072, created on 25 July 2022
Registration of charge SC6214940071, created on 8 March 2022
Confirmation statement made on 25 February 2022 with updates

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