−£89k
−37632%vs Mar 2024ActiveSC424139Private limited companyGlasgow
1599 LIMITED
Owned by Royal College Of Physicians And Surgeons Of Glasgow (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
1599 LIMITED is an active private limited company (company number SC424139) incorporated on 16 May 2012, registered in Glasgow. Its registered activity is other accommodation (SIC 55900). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£89k and cash of £27k, with 0 employees on average. Turnover was £410k. Net assets fell 37632% on the prior period (£238).
Peer position · net assets
By net assets it sits in the bottom quarter of 130 comparable companies in Glasgow (median £286, upper quartile £32k).
02
Key dates
- Incorporated
- 16 May 201214 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 30 May 2027in 220 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 55900
- Other accommodation
- SIC 56290
- Other food services
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£27k
−67%vs Mar 2024£410k
−14%vs Mar 20240
vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£89k | £27k | £17k | £134k | £410k | — | 0 |
| 31 March 2024 | £238 | £82k | £41k | £123k | £474k | — | 0 |
Current ratio0.33Current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Filing and accounts signals
- Negative net assetsNet assets £-89,325 at 2025-03-31
- Net assets falling-37631.5% vs prior period
- Current liabilities exceed current assetsCurrent ratio 0.33
- Incorporated five or more years agoIncorporated 2012-05-16 (14 years)
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 They are not a rating, a prediction or advice, and may be incomplete or out of date.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.
06
Ownership and control
- Royal College Of Physicians And Surgeons Of Glasgow
- owns 75–100% of shares
- 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 220 days
- Next accounts duein 70 days
- Accounts period endNet liabilities £89k · small accounts
- Accounts period endNet assets £238 · small accounts
- Incorporated
08
Similar companies in Glasgow
- CELTIC SUPPORTERS ASSOCIATION BENIDORM FLAT LIMITEDPort Glasgow · inc. Feb 2012
- STAR TEN LIMITEDGlasgow · inc. Aug 2012
- H & A HOT FOOD LTDGlasgow · inc. Sept 2012
- ROBERT HOUSELY LIMITEDGlasgow · inc. Oct 2012
- WYNNE ASSOCIATES LIMITEDHamilton · inc. Oct 2012
- GUALANN LTDGlasgow · inc. Nov 2011
All companies incorporated on 16 May 2012 · in May 2012.
09
Reminders for 1599 LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.