In May 2010, Great Wheel Corporation was one of several companies named in a report lodged with the prosecutor's office in Berlin, Germany, for alleged embezzlement.

At that time, it was operating five large transportable wheels in the UK, in Dublin, Liverpool, Manchester, Weston Super-Mare, and Hyde Park in London.

Some proved not to be viable during the off-season, while others simply failed to make the profits initially predicted.

[7] Early in 2011 the assets of WTA Global Holdings were bought out of administration for £230,000[8] by Great City Attractions,[9] operating as a subsidiary of Elliot Hall Ltd,[10] a new company set up by WTA Global Holdings director Elliot Hall.

In May 2013 the Singapore Flyer went into receivership, and accountants Ferrier Hodgson were appointed as receiver and manager of the company's charged assets.