−£3,650
1 period on recordActiveSC796149Private limited companyGlasgow
FRASBAL LTD
E31/10001
Summary
FRASBAL LTD is an active private limited company (company number SC796149) incorporated on 22 January 2024, registered in Glasgow. Its registered activity is other transportation support activities (SIC 52290). Latest micro accounts cover the period ending 31 January 2025, showing net assets of −£3,650, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public.
Peer position · net assets
By net assets it sits in the bottom quarter of 119 comparable companies in Glasgow (median £1,750, upper quartile £25k).
02
Key dates
- Incorporated
- 22 January 20242 yrs ago
- Next accounts due
- 31 October 2026in 9 days
- Confirmation statement due
- 5 February 2027in 106 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 52290
- Other transportation support activities
- SIC 68100
- Buying and selling of own real estate
- SIC 68209
- Other letting and operating of own or leased real estate
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
1
1 period on record| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 January 2025 | −£3,650 | — | — | £3,637 | — | — | 1 |
Current ratio0.16Current 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
31 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-3,650 at 2025-01-31 |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.16 |
| +4 | Past first filingsIncorporated 2024-01-22 |
| 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.
06
Ownership and control
- Mrs Oluwaseun Rebecca Alao
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Miss Sharon Bolaji Alao
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mrs Oluwaseun Rebecca Alao
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Sodienye Benstowe Rasaq Ojewuyi
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Ayodele Gbolahan Babawale
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Olukunle Victor Ogunsola
- 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
- Confirmation statement duein 106 days
- Next accounts duein 9 days
- Accounts period endNet liabilities £3,650 · micro accounts
- Incorporated
08
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All companies incorporated on 22 January 2024 · in Jan 2024.
09
Reminders for FRASBAL LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.