−£38k
vs Aug 2024ActiveSC177766Private limited companyGlasgow
GEMSEARCH LIMITED
D35/10001
Summary
GEMSEARCH LIMITED is an active private limited company (company number SC177766) incorporated on 6 August 1997, registered in Glasgow. Its registered activity is retail sale of watches and jewellery in specialised stores (SIC 47770). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£38k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 24% on the prior period (−£31k).
Peer position · net assets
By net assets it sits in the bottom quarter of 60 comparable companies in Glasgow (median £14k, upper quartile £87k).
02
Key dates
- Incorporated
- 6 August 199729 yrs ago
- Next accounts due
- 31 May 2027in 221 days
- Confirmation statement due
- 20 August 2027in 302 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 47770
- Retail sale of watches and jewellery in specialised stores
- SIC 47791
- Retail sale of antiques including antique books in stores
- SIC 47799
- Retail sale of other second-hand goods in stores (not incl. antiques)
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
1
No changevs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | −£38k | — | — | £128k | — | — | 1 |
| 31 August 2024 | −£31k | — | — | £119k | — | — | 1 |
Current ratio0.64Current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Firmoscan score
35 / 100 · grade D
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-38,198 at 2025-08-31 |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.64 |
| +8 | EstablishedIncorporated 1997-08-06 (29 years) |
| 35 | Score, grade D |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Miss Margaret Rosemary Young
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 302 days
- Next accounts duein 221 days
- Accounts period endNet liabilities £38k · micro accounts
- Accounts period endNet liabilities £31k · micro accounts
- Incorporated
08
Similar companies in Glasgow
- STEVENSONS JEWELLERS LIMITEDGlasgow · inc. Jan 1999
- KENNETH MOORE (INVERNESS) LIMITEDHamilton · inc. Apr 2000
- CROCK OF GOLD LIMITEDNorth Lanarkshire · inc. May 2000
- ROX (U.K.) LIMITEDGlasgow · inc. Feb 2001
- ROWCOT LIMITEDinc. Jun 1993
- RAMZAN JEWELLERS LIMITEDGlasgow · inc. Mar 1993
All companies incorporated on 6 August 1997 · in Aug 1997.
09
Reminders for GEMSEARCH LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.