# NEED PRODUCTS LTD (12602514)

> NEED PRODUCTS LTD is an active private limited company (company number 12602514) incorporated on 14 May 2020, registered in Southampton. Its registered activity is agents involved in the sale of a variety of goods (SIC 46190). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £79k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 163% on the prior period (£30k).

- Status: Active
- Incorporated: 2020-05-14
- Registered office: Southampton, SO14 6RG
- SIC 46190: Agents involved in the sale of a variety of goods
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-28
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 67 comparable companies in Southampton (median £2,481, upper quartile £26k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £79k | — | — | £202k | — | — | 0 |
| 2024-05-31 | £30k | — | — | £165k | — | — | 0 |

current ratio 1.02; size band micro.

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

- Net assets above zero: Net assets £78,688 at 31 May 2025
- Net assets up 10% or more on the prior period: +163.0% vs prior period
- Incorporated five or more years ago: Incorporated 14 May 2020

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

## Persons with significant control

- Mr Mark Owen — owns 75–100% of shares; holds 75–100% of voting rights, since 2020-05-14

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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/12602514
HTML: https://firmoscan.com/company/12602514-need-products-ltd