FOULDS BALTIC LIMITED
Company number SC306794 · Monitor this company
Executive summary
FOULDS BALTIC LIMITED presents a paradox: strong liquidity and minimal debt coexist with three consecutive years of declining assets and equity, having lost approximately 48% of its asset base since 2022. The company is solvent and faces no immediate financial distress, but the sustained erosion of shareholders' funds—from a peak of £141,618 to £80,502—signals a business in managed decline or experiencing structural headwinds. The recent director resignation further suggests the business may be entering a transitional phase. The critical next step is determining whether the decline reflects deliberate owner extractions or underlying trading losses, as this will determine whether the business can stabilise or continues its downward trajectory.
Shareholders' funds
£80,502
Balance sheet as at 2025-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-08-14
- Employees
- 2 (2025 accounts)
- Registered office
- 1a Larchfield Avenue, Glasgow, G77 5PW
- Postcode
- G77 5PW
- Capital
- 100,000 GBP
- Accounts category
- Micro
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-01-31
- Next due by
- 2026-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-08-14
- Next due by
- 2027-08-28
Nature of business (SIC)
- 46130 Agents involved in the sale of timber and building materials
Officers 2 current · 2 resigned
Competitors Glasgow
This company ranks 16 among agents involved in the sale of timber and building materials in Glasgow.
The class of 2006
33%
of the 182,202 companies incorporated in 2006 are still active today; 65% have since been dissolved.
A fact about the year, not a forecast for this company.