WEST CRAIGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-30
Confirmation statement due
2026-12-23 (in 7mo)
Last made up 2025-12-09
Watchouts
None on the register
Cash
£17M
-5.3% vs 2023
Net assets
£41M
-32.9% vs 2023
Employees
0
Average over period
Profit before tax
£4M
-86% vs 2023
Name history
Renamed 2 times since incorporation
- WEST CRAIGS LIMITED 2006-06-30 → present
- MEADOWFIELD DEVELOPMENTS LIMITED 2002-01-08 → 2006-06-30
- TM 1174 LIMITED 2001-12-24 → 2002-01-08
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £45,081,421 | £364,133 | |
| Operating profit | £26,943,303 | -£1,865,021 | |
| Profit before tax | £31,983,948 | £4,465,745 | |
| Net profit | £24,226,590 | £3,060,304 | |
| Cash | £17,900,467 | £16,948,982 | |
| Total assets less current liabilities | £69,314,104 | £48,278,272 | |
| Net assets | £61,548,104 | £41,308,408 | |
| Equity | £61,548,104 | £41,308,408 | |
| Average employees | 0 | 0 | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 59.8% | -512.2% | |
| Net margin | 53.7% | 840.4% | |
| Return on capital employed | 38.9% | -3.9% | |
| Gearing (liabilities / total assets) | 26.7% | 28.8% | |
| Interest cover | 37.63x | — |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. There is a net asset position of £41,308,408 as at 31 December 2024 (2023: £61,548,104). The directors are satisfied that it is the intention of Lloyds Banking Group plc that its subsidiaries, including the Company, will continue to have access to adequate liquidity and capi”
Significant events
- “During the year the Company incurred costs of £206,449 (2023: £845,342) on the further development of the land in preparation for sale: These costs were in relation to progressing planning for West Craigs North and South sites. There was two cottages sales made during the year (2023: three new sales) generating a loss on that sale in the year of £176,639 (2023: profit of £30,792,575).”
- “The sales for the main site largely reached a conclusion during 2023 however two cottages were sold off during 2024. Going forward, the North and South land sites will be developed with further investment in infrastructure costs to generate additional income from land sales.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MULHOLLAND, Alison Elizabeth | Secretary | 2024-01-17 | — | — |
| BURNETT, Neil Scott | Director | 2016-06-01 | Mar 1969 | British |
| DALY, Mark St John | Director | 2021-12-15 | Feb 1985 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EDWARDS, Laurence John | Secretary | 2007-08-31 | 2012-07-02 |
| GITTINS, Paul | Secretary | 2016-01-15 | 2016-11-23 |
| HENNESSEY, David Dermot | Secretary | 2016-11-23 | 2024-01-08 |
| MACRAE, Alistair Ian | Secretary | 2002-01-07 | 2007-08-31 |
| LLOYDS SECRETARIES LIMITED | Corporate Secretary | 2012-07-02 | 2016-01-15 |
| TM COMPANY SERVICES LIMITED | Corporate Nominee Secretary | 2001-12-24 | 2002-01-07 |
| ANDERSON, Bruce Smith | Director | 2014-10-07 | 2015-02-10 |
| BONE, Amy Charlotte | Director | 2016-11-23 | 2018-02-23 |
| BOTHWELL, Karen Margaret | Director | 2010-07-04 | 2012-07-02 |
| COLLINS, Aubrey Mark | Director | 2010-07-04 | 2011-08-01 |
| CRUICKSHANK, James Kerr | Director | 2002-01-07 | 2011-04-11 |
| DE VRIES, Monica Marian | Director | 2020-03-10 | 2021-12-15 |
| DICKSON, Pamela Simone | Director | 2012-07-02 | 2016-06-01 |
| GREEN, Joseph John | Director | 2012-07-02 | 2014-06-30 |
| HARRIES, Paul Ronayne | Director | 2010-07-04 | 2012-06-29 |
| HEWITT, Alistair James Neil | Director | 2015-02-10 | 2016-10-31 |
| HULME, Andrew | Director | 2018-02-23 | 2020-03-09 |
| ONEIL, James Charles | Director | 2006-07-07 | 2011-04-11 |
| PEARCE, Julian Alexander | Director | 2010-07-04 | 2013-08-16 |
| ROBERTSON, Ian | Director | 2002-01-07 | 2007-06-29 |
| WILSON, Andrew William John | Director | 2012-07-02 | 2014-06-30 |
| REYNARD NOMINEES LIMITED | Corporate Nominee Director | 2001-12-24 | 2002-01-07 |
| TM COMPANY SERVICES LIMITED | Corporate Nominee Director | 2001-12-24 | 2002-01-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Horizon Capital 2000 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-06 | AA | accounts | Accounts with accounts type full | |
| 2025-05-12 | CH03 | officers | Change person secretary company with change date | |
| 2025-01-31 | CH01 | officers | Change person director company with change date | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-10 | AA | accounts | Accounts with accounts type full | |
| 2024-01-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-01-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-24 | AA | accounts | Accounts with accounts type full | |
| 2022-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-30 | AA | accounts | Accounts with accounts type full | |
| 2022-01-06 | CH01 | officers | Change person director company with change date | |
| 2021-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-04 | AA | accounts | Accounts with accounts type full | |
| 2021-02-17 | CH01 | officers | Change person director company with change date | |
| 2020-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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
-
Turnover
-99.2%
£45,081,421 £364,133
-
Cash
-5.3%
£17,900,467 £16,948,982
-
Net assets
-32.9%
£61,548,104 £41,308,408
-
Employees
—
Not reported
-
Operating profit
-106.9%
£26,943,303 -£1,865,021
-
Profit before tax
-86%
£31,983,948 £4,465,745
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