£34k
+51%vs Aug 202401
Summary
M-VERTH LIMITED is an active private limited company (company number SC604149) incorporated on 1 August 2018, registered in Paisley. Its registered activity is social work activities without accommodation for the elderly and disabled (SIC 88100). Latest abridged accounts cover the period ending 31 August 2025, showing net assets of £34k and cash of £29k, with 51 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 51% on the prior period (£22k).
Peer position · net assets
By net assets it sits in the upper half of 57 comparable companies in Glasgow (median £6,459, upper quartile £118k).
02
Key dates
- Incorporated
- 1 August 20188 yrs ago
- Next accounts due
- 31 May 2027in 221 days
- Confirmation statement due
- 15 August 2027in 297 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 88100
- Social work activities without accommodation for the elderly and disabled
- Accounts type
- Unaudited Abridged
- Size band
- MicroCompanies Act thresholds
04
Financials
£29k
+186%vs Aug 2024Not disclosed
51
+2%vs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | £34k | £29k | £559 | £23k | — | — | 51 |
| 31 August 2024 | £22k | £10k | £5,243 | £22k | — | — | 50 |
Current ratio1.28Current assets ÷ creditors within one year
Cash per employee£562Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
76 / 100 · grade B
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £33,851 at 2025-08-31 |
| +8 | Net assets growing+51.3% vs prior period |
| +8 | EstablishedIncorporated 2018-08-01 (8 years) |
| 76 | Score, grade B |
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
- Masawalam Ltd
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Michael Chipeuzo Asawalam
- owns 75–100% of shares
- holds 75–100% of voting rights
- Dr Abel Akpan Usoro
- owns 50–75% 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 297 days
- Next accounts duein 221 days
- Accounts period endNet assets £34k · abridged accounts
- Accounts period endNet assets £22k · abridged accounts
- Incorporated
08
Similar companies in Glasgow
- CARE4LIFE SERVICES LIMITEDHelensburgh · inc. Nov 2018
- CAREFORTH LTDGlasgow · inc. Feb 2019
- HEARTS AT HOME SOCIAL CARE LIMITEDClydebank · inc. Dec 2017
- NORTHEAST CARE GROUP LTDGlasgow · inc. Oct 2017
- WELFARE SCOTLANDGlasgow · inc. Aug 2017
- CARENORTH LTDGlasgow · inc. Sept 2019
All companies incorporated on 1 August 2018 · in Aug 2018.
09
Reminders for M-VERTH LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.