The Firmwatch take
Gailes Developments Ltd (SC674302) currently shows: Watch signal detected, based on accounts to 29 September 2024; last refreshed 24 May 2026. Old public accounts — extracted from the latest filed accounts.
Companies House source·Accounts to 29 Sept 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
15 September 2020
5 years on the register
Sector
Buying and selling of own real estate
SIC 68100
Size
Not classified
Net assets
£100
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Low insolvency risk
The latest public accounts do not show obvious balance-sheet stress. This does not rule out trading problems, but the filed numbers look comparatively steady.
Thin net asset buffer
The company reports a small visible net asset position.
Address pattern · G1 3NQ
1,217 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
1,118
Dissolved
20
Strike-off action
72
Money
What the balance sheet says
Net assets
£100
Bottom 30% in sector · sector median £1k · 248,722 filers in this sector
Cash
Not disclosed
Working cap.
£137k
Median £0
Current ratio
1.6×
Median 0.5×
Signals · 2
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Old public accounts
The latest extracted accounts period is more than 18 months old.
Sector benchmark · Real Estate
How this company compares in 248,722 filers in this sector
Bottom 30% in sector — Gailes Developments Ltd shows £100 in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- MA
MACDONALD, Alan Gillies
director · since 2020
Registered office
Address intelligence
1,217 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.