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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-01-26 (in 8mo)

Last made up 2026-01-12

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

-£8M

-4.7% vs 2023

Employees

Average over period

Profit before tax

-£367K

-113% vs 2023

Name history

Renamed 1 time since incorporation

  1. LAND OPTIONS (WEST) LIMITED 1999-08-24 → present
  2. LOTHIAN FIFTY (558) LIMITED 1999-01-11 → 1999-08-24

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£31,000-£39,000
Profit before tax £2,830,000-£367,000
Net profit £2,665,000-£357,000
Cash
Total assets less current liabilities -£4,440,000-£4,736,000
Net assets -£7,656,000-£8,013,000
Equity -£7,656,000-£8,013,000
Average employees
Wages

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Return on capital employed 0.7%0.8%
Gearing (liabilities / total assets) 382900.0%44616.7%
Current ratio 0.00x0.00x
Interest cover -0.10x-0.12x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company is no longer actively trading, and there is no intention to do so in the future. Due to the Company's debt payable to external parties and to the NatWest Group companies, it remains in a net liability and negative equity position. Due to these factors, the Company has received a letter of support from its Parent company. The directors of the Company therefore have a reasonable expectation that the Company, through the letter of support, has adequate resources to continue in operational existence and to meet its financial obligations for the foreseeable future and for a period of twelve months from when the financial statements are authorised for issue. Therefore, the Company continues to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 19 resigned

Name Role Appointed Born Nationality
NATWEST GROUP SECRETARIAL SERVICES LIMITED Corporate Secretary 2019-06-18
CUMMINS, Fiona Katherine Director 2025-05-19 Jun 1979 British
Show 19 resigned officers
Name Role Appointed Resigned
ESSLEMONT, Deborah Susan Secretary 2008-03-19 2009-12-02
ESSLEMONT, Deborah Susan Secretary 2000-11-23 2007-01-18
HANKIN, Christina Ann Secretary 2007-01-18 2008-03-19
MACGILLIVRAY, Shirley Margaret Secretary 1999-03-31 2000-11-23
NICHOLSON, Andrew James Secretary 2009-12-02 2019-06-18
BURNESS SOLICITORS Corporate Nominee Secretary 1999-01-11 1999-03-31
BEATTIE, Robert Henry Director 1999-03-31 2003-04-17
EARLIE, Robert Director 1999-08-25 2007-02-01
ELLIOTT, Roderick Andrew Director 2003-04-17 2010-09-06
GRANT, David Clifford Director 2011-06-29 2025-12-31
NICOL, Ian Fraser Director 2010-09-06 2014-10-10
ROWNEY, James Mccubbin Director 2011-06-29 2025-05-19
ROWNEY, James Mccubbin Director 2000-08-25 2008-12-12
ROWNEY, James Mccubbin Director 1999-03-31 2000-03-14
SAMUEL, Lloyd William Bain Director 2006-10-02 2011-06-29
TURNBULL, Barbara Ida Mary Director 2008-12-12 2015-10-23
TURNBULL, Barbara Ida Mary Director 2000-03-14 2000-08-25
WALKER, Terence Director 1999-08-25 2011-06-29
WJB (DIRECTORS) LIMITED Corporate Director 1999-01-11 1999-03-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
National Westminster Bank Plc Corporate entity Shares 75–100%, Voting 75–100% 2018-03-05 Active
West Register (Realisations) Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2018-03-05

Filing timeline

Last 20 of 189 total filings

Date Type Category Description
2026-01-12 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-02 TM01 officers Termination director company with name termination date PDF
2025-09-18 AA accounts Accounts with accounts type full
2025-05-23 AP01 officers Appoint person director company with name date PDF
2025-05-22 TM01 officers Termination director company with name termination date PDF
2025-01-15 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-27 AA accounts Accounts with accounts type full
2024-01-23 CS01 confirmation-statement Confirmation statement with updates PDF
2023-12-01 AA accounts Accounts with accounts type full
2023-01-23 CS01 confirmation-statement Confirmation statement with updates PDF
2022-09-02 AA accounts Accounts with accounts type full
2022-01-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-27 AA accounts Accounts with accounts type full
2021-09-10 CH04 officers Change corporate secretary company with change date PDF
2021-08-27 CH01 officers Change person director company with change date PDF
2021-08-27 CH01 officers Change person director company with change date PDF
2021-07-21 PSC05 persons-with-significant-control Change to a person with significant control PDF
2021-01-27 CS01 confirmation-statement Confirmation statement with updates PDF
2021-01-26 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2020-11-16 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page