# MULSYS LIMITED (04692353)

> MULSYS LIMITED is an active private limited company (company number 04692353) incorporated on 10 March 2003, registered in Northwood. Its registered activity is other research and experimental development on natural sciences and engineering (SIC 72190). Latest small accounts cover the period ending 30 September 2025, showing net assets of £27k and cash of £29k, with 1 employee on average. Net assets fell 60% on the prior period (£67k).

- Status: Active
- Incorporated: 2003-03-10
- Registered office: Northwood, HA6 1NW
- SIC 72190: Other research and experimental development on natural sciences and engineering
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-03-24
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 210 comparable companies in Greater London (median £1,000, upper quartile £52k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £27k | £29k | — | £2,714 | — | — | 1 |
| 2024-09-30 | £67k | £69k | £503 | £3,432 | — | — | 2 |

current ratio 10.61; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £26,671 at 30 September 2025
- Net assets down 25% or more on the prior period: -60.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 10.61
- Incorporated five or more years ago: Incorporated 10 March 2003

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Professor Ahmet Mehmet Kondoz — owns 75–100% of shares, since 2017-03-10

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04692353
HTML: https://firmoscan.com/company/04692353-mulsys-limited