−£4.10m
−188%vs Mar 2024ActiveSC344695Private limited companyGlasgow
SMARTER GRID SOLUTIONS LIMITED
Significant control: Mitsubishi Electric Corporation (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Business and domestic software development (SIC 62012). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
SMARTER GRID SOLUTIONS LIMITED is an active private limited company (company number SC344695) incorporated on 20 June 2008, registered in Glasgow. Its registered activity is business and domestic software development (SIC 62012). Latest group accounts cover the period ending 31 March 2025, showing net assets of −£4.10m and cash of £365k, with 115 employees on average. Net assets fell 188% on the prior period (£4.65m).
Peer position · net assets
By net assets it sits in the bottom quarter of 618 comparable companies in Glasgow (median £1,217, upper quartile £29k).
02
Ownership and control
- Mitsubishi Electric Corporation
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Scottish Enterprise Glasgow
- owns 25–50% of shares
- Maven Capital Partners Llp
- has significant influence or control
- Scottish Equity Partners Llp
- can appoint or remove directors
- Scottish Loan Fund Lp
- has significant influence or control
- Scottish Investment Bank Ltd.
- can appoint or remove directors
- Environmental Energies Fund Lp
- owns 25–50% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 20 June 200818 yrs ago
- Next accounts due
- 31 December 2026in 66 days
- Confirmation statement due
- 4 July 2027in 251 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62012
- Business and domestic software development
- Accounts type
- Group
- Size band
- MicroCompanies Act thresholds
05
Financials
£365k
+557%vs Mar 2024Not reported
115
+5%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£4.10m | £365k | £9.86m | — | — | −£8.75m | 115 |
| 31 March 2024 | £4.65m | £56k | £9.62m | — | — | −£1.19m | 110 |
| 31 March 2023 | — | — | — | — | — | — | — |
Cash per employee£3,178Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-4,102,818 at 31 March 2025
- Net assets down 25% or more on the prior period-188.2% vs prior period
- Cash at bank of £50,000 or moreCash £365,444
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 20 June 2008
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 251 days
- Next accounts duein 66 days
- Accounts period endNet liabilities £4.10m · group accounts
- Accounts period endNet assets £4.65m · group accounts
- Accounts period end
- Incorporated
08
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All companies incorporated on 20 June 2008 · in Jun 2008.
09
Reminders for SMARTER GRID SOLUTIONS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.