W JONES (DEVELOPMENTS) LIMITED
Company number SC312388 · Monitor this company
Executive summary
W Jones (Developments) Limited operates as a sub-scale player in the Scottish property development sector, with net assets of £88k representing a fraction of typical competitor balance sheets. The company's decade-long pattern of shareholder value erosion and critically depleted cash position of just £337 raise serious questions about its viability as an active trading entity, particularly in a higher interest rate environment that demands liquidity and scale. While low gearing provides balance sheet protection, the apparent inactivity in core operations — evidenced by static stock and debtor balances — suggests the business has transitioned from active property development to passive asset holding, a position that continues to generate holding costs without offsetting revenue.
Shareholders' funds
£88,398
Balance sheet as at 2024-08-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-11-22
- Employees
- 0 (2024 accounts)
- Registered office
- T MURPHY & COMPANY CA, 59 Admiral Street, Glasgow, G41 1HP
- Postcode
- G41 1HP
- Capital
- 1 GBP
- Accounts category
- Unaudited Abridged
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-08-31
- Next due by
- 2027-05-31
- Financial year end
- 31 August
Confirmation statement
- Last statement dated
- 2025-11-11
- Next due by
- 2026-11-25
Nature of business (SIC)
- 68100 Buying and selling of own real estate
Officers 1 current · 3 resigned
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 100A BRUNSWICK STREET, GLASGOW, G1 1TF | 2012-08-01 |
| 24 GREAT KING STREET, EDINBURGH, EH3 6QN | 2007-02-14 |
Among its peers
Top 25%
by shareholders' funds, of 2,327 similar companies in G
Among the oldest 25% of its local peers, trading since 2006.
Competitors Glasgow
This company ranks 413 among buying and selling of own real estate in Glasgow.
The class of 2006
47%
of the 3,153 companies in this sector incorporated in 2006 are still active today; 49% have since been dissolved.
A fact about the year, not a forecast for this company.