£570k
−70%vs Feb 2024ActiveSC372880Private limited companyGlasgow
OPEN GRID SYSTEMS LIMITED
C64/10001
Summary
OPEN GRID SYSTEMS LIMITED is an active private limited company (company number SC372880) incorporated on 11 February 2010, registered in Glasgow. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 28 February 2025, showing net assets of £570k and cash of £3.06m, with 15 employees on average. Net assets fell 70% on the prior period (£1.90m).
Peer position · net assets
By net assets it sits in the top quarter of 618 comparable companies in Glasgow (median £1,217, upper quartile £29k).
02
Key dates
- Incorporated
- 11 February 201016 yrs ago
- Next accounts due
- 28 November 2026in 37 days
- Confirmation statement due
- 25 February 2027in 126 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 62020
- Information technology consultancy activities
- SIC 71122
- Engineering related scientific and technical consulting activities
- Accounts type
- Total Exemption Full
- Size band
- SmallCompanies Act thresholds
04
Financials
£3.06m
+60%vs Feb 2024Not reported
15
+15%vs Feb 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | £570k | £3.06m | £276k | — | — | — | 15 |
| 29 February 2024 | £1.90m | £1.92m | £385k | — | — | — | 13 |
Cash per employee£204kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
64 / 100 · grade C
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £570,488 at 2025-02-28 |
| −8 | Net assets falling-69.9% vs prior period |
| +4 | Cash reservesCash £3,062,735 |
| +8 | EstablishedIncorporated 2010-02-11 (17 years) |
| 64 | Score, grade C |
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
- Aspentech Corporation
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Dr Alan Walter Mcmorran
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
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 126 days
- Next accounts duein 37 days
- Accounts period endNet assets £570k · small accounts
- Accounts period endNet assets £1.90m · small accounts
- Incorporated
08
Similar companies in Glasgow
- EMOBIX LIMITEDGlasgow · inc. Jan 2010
- CD SUPPORT LTDGlasgow · inc. Mar 2010
- FIREFISH SOFTWARE LTD.Glasgow · inc. Jan 2010
- LIQUIDBINARY LTDGlasgow · inc. Jan 2010
- CPL SOFTWARE LIMITEDGlasgow · inc. Dec 2009
- SID ASSET MANAGEMENT LIMITEDGlasgow · inc. Apr 2010
All companies incorporated on 11 February 2010 · in Feb 2010.
09
Reminders for OPEN GRID SYSTEMS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.