3 BAGS WOOL LTD

Company number SC588072 · Active

3 BAGS WOOL LTD is a private limited company registered in ELGIN, United Kingdom, incorporated on 7 Feb 2018. Its registered activity is other retail sale in non-specialised stores. Its latest published accounts for the period ending 31 May 2025 show equity of £25k, total assets of £90k. It has filed 5 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent

Lowers the risk

Region0.0×IV · 0.00 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
SC588072 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
7 Feb 2018 (9 years)
Registered address
IV30 1NL ELGIN
Postcode area
Inverness
Activity
47190 Other retail sale in non-specialised stores
Industry
Retail trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Dec 2025– –£25k£90k £57k£14k8
31 May 202415 Feb 2025– –£27k£99k £61k£11k9
31 May 202215 Jan 2023– –£1,759£57k £29k£7,75410
31 May 202115 Feb 2022– –£2,299£62k £24k£11k5
31 May 202015 May 2021– –£12k£36k £20k£4,7719

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about 3 BAGS WOOL LTD

What is the company number of 3 BAGS WOOL LTD?

3 BAGS WOOL LTD is registered under company number SC588072 in the official register of United Kingdom. View it at the official register.

Is 3 BAGS WOOL LTD still active?

Yes. 3 BAGS WOOL LTD is registered as active (status: Active).

Has 3 BAGS WOOL LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for 3 BAGS WOOL LTD in the official data.

How likely is 3 BAGS WOOL LTD to become insolvent?

Our model estimates a 0.00 % probability that 3 BAGS WOOL LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was 3 BAGS WOOL LTD founded?

3 BAGS WOOL LTD was incorporated on 7 Feb 2018.

Where is 3 BAGS WOOL LTD registered?

3 BAGS WOOL LTD's registered address is in IV30 1NL ELGIN (Inverness), United Kingdom.

What do the latest accounts of 3 BAGS WOOL LTD show?

The latest published accounts (period ending 31 May 2025) show equity of £25k, total assets of £90k, 8 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.