# SMY ASSOCIATES LTD (08497223)

> SMY ASSOCIATES LTD is an active private limited company (company number 08497223) incorporated on 22 April 2013, registered in Ilford. Its registered activity is accounting and auditing activities (SIC 69201). Latest micro accounts cover the period ending 30 April 2025, showing net assets of −£22k, with 4 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 462% on the prior period (£5,940).

- Status: Active
- Incorporated: 2013-04-22
- Registered office: Ilford, IG1 2LW
- SIC 69201: Accounting and auditing activities
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-05-06
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 4,355 comparable companies in Greater London (median £5,014, upper quartile £36k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | −£22k | — | — | £3,552 | — | — | 4 |
| 2024-04-30 | £5,940 | — | — | £16k | — | — | 3 |

current ratio 8.14; size band micro.

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

- Net assets below zero: Net assets £-21,511 at 30 April 2025
- Net assets down 25% or more on the prior period: -462.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 8.14
- Incorporated five or more years ago: Incorporated 22 April 2013

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

## Persons with significant control

- Mr Saud Muhammad Yousaf — owns 75–100% of shares, since 2016-04-22

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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/08497223
HTML: https://firmoscan.com/company/08497223-smy-associates-ltd