Elmer Wallace Limited

Elmer Wallace Ltd from Glasgow UK: a small, active company founded 20 years ago, employs three people, and holds £148,899 in assets. It’s a real address, managed by three directors and one owner, who is also the solo founder. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 34 months of import activity recorded, the last in February 2025.

The company operates in the wholesale of metals and metal ores industries. Its status is active. The company is a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Looking at the financials, Elmer Wallace Ltd’s current assets increased by 12% to £150,000, while net assets grew by 17% to £31,000. Bank borrowings decreased by 30%, reaching £18,000, and cash reserves decreased by 21% to £11,000. Creditors increased by 23%, suggesting better debt management. Trade debtors increased by 22%, suggesting delayed customer payments or expanded credit terms. The company’s small size helps it stay agile, but the increase in creditors raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data also reveals a decrease in deferred tax policy, which could be due to changes in tax laws or the company’s financial performance. The company’s investment entity required to apply an exemption from consolidation is false.

In short, Elmer Wallace Ltd is holding steady but facing pressures.

Registered in Scotland under the registration number SC278062, with a registered address at G52 4RE, Glasgow, Lanarkshire, 30 Nasmyth Road Colquhoun Park, Hillington Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.