−£14k
vs Jul 2024ActiveSC525807Private limited companyPaisley
IQ (SCOT) LTD
Significant control: Muhammad Qasim (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From public filings as at 31 Aug 2026; may contain errors or be out of date.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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What does Iq (Scot) Ltd sell?
Registered activity: Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (SIC 47599). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
IQ (SCOT) LTD is an active private limited company (company number SC525807) incorporated on 3 February 2016, registered in Paisley. Its registered activity is retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (SIC 47599). Latest micro accounts cover the period ending 31 July 2025, showing net assets of −£14k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 33% on the prior period (−£11k).
Peer position · net assets
By net assets it sits in the bottom quarter of 133 comparable companies in Glasgow (median £4,000, upper quartile £47k).
02
Ownership and control
- Mr. Muhammad Qasim
- 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. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 3 February 201610 yrs ago
- Next accounts due
- 30 April 2027in 189 days
- Confirmation statement due
- 17 February 2027in 117 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 47599
- Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
2
No changevs Jul 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | −£14k | — | — | £51k | — | — | 2 |
| 31 July 2024 | −£11k | — | — | £38k | — | — | 2 |
Current ratio0.97Current assets ÷ creditors within one year
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.
06
Filing and accounts signals
- Net assets below zeroNet assets £-14,375 at 31 July 2025
- Net assets down 25% or more on the prior period-33.3% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.97
- Incorporated five or more years agoIncorporated 3 February 2016
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
- Next accounts duein 189 days
- Confirmation statement duein 117 days
- Accounts period endNet liabilities £14k · micro accounts
- Accounts period endNet liabilities £11k · micro accounts
- Incorporated
08
Similar companies in Glasgow
- AIRDRIE FURNITURE LTDAirdrie · inc. Feb 2016
- BATH GIANT LIMITEDRutherglen · inc. Sept 2015
- RUP & FORN CREATIVE LTDPaisley · inc. Sept 2015
- TORELLI FURNITURE (UK) LTDGlasgow · inc. Aug 2015
- FIRESIDE PROPERTIES (SCOTLAND) LTDGlasgow · inc. Jun 2015
- INDY INTERIORS LTDGlasgow · inc. Nov 2016
All companies incorporated on 3 February 2016 · in Feb 2016.
09
Reminders for IQ (SCOT) LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.