MORMAIR LTD
Company number SC720176 · Active · Glasgow G3 8AZ
MORMAIR LTD is an active private limited company (company number SC720176) incorporated on 18 January 2022, registered in Glasgow. Its registered activity is manufacture of electric motors, generators and transformers (SIC 27110). Latest micro accounts cover the period ending 31 January 2025, showing net assets of −£242k, with 5 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 163% on the prior period (−£92k).
By net assets it sits in the bottom quarter of 350 comparable companies in the UK (median £10k, upper quartile £248k).
Key dates
- Incorporated
- 18 January 2022
- Next accounts due
- 31 October 2026 — in 12 days
- Confirmation statement due
- 1 February 2027 — in 105 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 27110
- Manufacture of electric motors, generators and transformers
- SIC 35110
- Production of electricity
- SIC 35120
- Transmission of electricity
- SIC 38320
- Recovery of sorted materials
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 January 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 January 2025 | −£242k | — | — | £114k | — | — | 5 |
| 31 January 2024 | −£92k | — | — | £6,877 | — | — | 2 |
- Current ratio
- 0.06 — current 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.
Firmoscan score: 23/100 (grade E)
- -15 Negative net assets — Net assets £-242,251 at 2025-01-31
- -8 Net assets falling — -163.0% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.06
- +4 Past first filings — Incorporated 2022-01-18
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Ryan Maurice Findlay — owns 25–50% of shares; holds 25–50% of voting rights · since 18 January 2022
- Mr Allan Goldberg — owns 25–50% of shares; holds 25–50% of voting rights · since 31 January 2023
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Glasgow
Same activity (manufacture of electric motors, generators and transformers), closest in incorporation date.
- WATTS FIREPLACES AND STOVES LTD — Airdrie, inc. Mar 2022
- INTERNATIONAL TRANSFORMERS LIMITED — Glasgow, inc. Mar 2020
- BAIS.IS LTD — Glasgow, inc. Jun 2025
- ENOCELL LIMITED — Glasgow, inc. Nov 2011
- AUTOMATIC DOOR COMPONENTS LTD — Glasgow, inc. Apr 2007
- PEAK SCIENTIFIC INSTRUMENTS LIMITED — Inchinnan, inc. May 1997
Reminders for MORMAIR LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.