ActiveSC743049Private limited companyGlasgow

1MG PROPERTIES LTD

E31/100

Owned by Alan Robert Knox and Joanne Davidson

Summary

Generated from filed data · no estimates

1MG PROPERTIES LTD is an active private limited company (company number SC743049) incorporated on 31 August 2022, registered in Glasgow. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 31 August 2025, showing net assets of −£33k and cash of £2,059, with 2 employees on average. Net assets fell 120% on the prior period (−£15k).

Peer position · net assets

By net assets it sits in the lower half of 4,677 comparable companies in Glasgow (median £0, upper quartile £11k).

Key dates

Incorporated: 31 August 20224 yrs ago
Next accounts due: 31 May 2027in 221 days
Confirmation statement due: 14 September 2027in 327 days

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

Activity

SIC 68209: Other letting and operating of own or leased real estate
Accounts type: Total Exemption Full
Size band: MicroCompanies Act thresholds

Financials

2 periods on record · latest ending 31 August 2025

Net assets

−£33k

vs Aug 2024

Cash at bank

£2,059

−39%vs Aug 2024

Turnover

Not reported

Employees

No changevs Aug 2024

Net assets

−£33k

Cash at bank

£2,059

Average employees

Filed accounts by period, newest first
Period end	Net assets	Cash	Debtors	Creditors <1y	Turnover	Profit	Employees
31 August 2025	−£33k	£2,059	—	—	—	—	2
31 August 2024	−£15k	£3,354	—	—	—	—	2

Cash per employee£1,030Cash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score

Rules-based · every point shows its evidence

31 / 100 · grade E

Score breakdown
50	Starting scoreEvery scored company starts here
−15	Negative net assetsNet assets £-32,728 at 2025-08-31
−8	Net assets falling-119.9% vs prior period
+4	Past first filingsIncorporated 2022-08-31
31	Score, 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.

Ownership and control

2 active

AR
Mr Alan Robert Knox
Individual · since 31 August 2022
- owns 25–50% of shares
- holds 25–50% of voting rights
25–50%
JD
Ms Joanne Davidson
Individual · since 31 August 2022
- owns 25–50% of shares
- holds 25–50% of voting rights
25–50%

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Timeline

Newest first

14 Sept 2027Confirmation statement duein 327 days
31 May 2027Next accounts duein 221 days
31 Aug 2025Accounts period endNet liabilities £33k · small accounts
31 Aug 2024Accounts period endNet liabilities £15k · small accounts
31 Aug 2022Incorporated

Similar companies in Glasgow

Same activity (other letting and operating of own or leased real estate), closest in incorporation date

All companies incorporated on 31 August 2022 · in Aug 2022.

Reminders for 1MG PROPERTIES LTD

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