Firmoscan
ActiveSC702141Private limited companyJohnstone

PICK THEORY LTD

E27/100

Owned by Jonathan Maxwell Jeffrey and David Robert Winter Stevenson

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

PICK THEORY LTD is an active private limited company (company number SC702141) incorporated on 21 June 2021, registered in Johnstone. Its registered activity is retail sale of musical instruments and scores (SIC 47591). Latest micro accounts cover the period ending 30 June 2025, showing net assets of −£9,468, 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 69% on the prior period (−£5,605).

Peer position · net assets

By net assets it sits in the bottom quarter of 575 comparable companies in the UK (median £7,887, upper quartile £67k).

02

Key dates

Incorporated
21 June 20215 yrs ago
Next accounts due
30 March 2027in 159 days
Confirmation statement due
5 July 2027in 256 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 47591
Retail sale of musical instruments and scores
Accounts type
Micro Entity
Size band
MicroCompanies Act thresholds
04

Financials

2 periods on record · latest ending 30 June 2025
Net assets
−£9,468
vs Jun 2024
Cash at bank
Not reported
Turnover
Not disclosed
Employees
2
No changevs Jun 2024
Net assets
−£9,468
Average employees
2
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
30 June 2025−£9,468——£9,301——2
30 June 2024−£5,605——£8,614——2
Current ratio0.01Current liabilities exceed current assets

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.

05

Firmoscan score

Rules-based · every point shows its evidence
27 / 100 · grade E
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
−15Negative net assetsNet assets £-9,468 at 2025-06-30
−8Net assets falling-68.9% vs prior period
−8Current liabilities exceed current assetsCurrent ratio 0.01
+8EstablishedIncorporated 2021-06-21 (5 years)
27Score, grade E

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

2 active
  • Mr Jonathan Maxwell Jeffrey
    Individual · since 21 June 2021
    • owns 25–50% of shares
    • holds 25–50% of voting rights
    • can appoint or remove directors
  • Mr David Robert Winter Stevenson
    Individual · since 21 June 2021
    • owns 25–50% of shares
    • holds 25–50% 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

Newest first
  1. Confirmation statement duein 256 days
  2. Next accounts duein 159 days
  3. Accounts period endNet liabilities £9,468 · micro accounts
  4. Accounts period endNet liabilities £5,605 · micro accounts
  5. Incorporated
08

Similar companies in Glasgow

Same activity (retail sale of musical instruments and scores), closest in incorporation date

All companies incorporated on 21 June 2021 · in Jun 2021.

09

Reminders for PICK THEORY LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.