# SG GARMENTS LTD (15705210)

> SG GARMENTS LTD is an active private limited company (company number 15705210) incorporated on 7 May 2024, registered in Portsmouth. Its registered activity is retail sale of clothing in specialised stores (SIC 47710). Latest micro accounts cover the period ending 31 May 2026, showing net assets of £7,575, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 757400% on the prior period (£1).

- Status: Active
- Incorporated: 2024-05-07
- Registered office: Portsmouth, PO6 3EB
- SIC 47710: Retail sale of clothing in specialised stores
- Next accounts due: 2028-02-29
- Confirmation statement due: 2027-05-21
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 118 comparable companies in Portsmouth (median £102, upper quartile £21k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-05-31 | £7,575 | — | — | £13k | — | — | 1 |
| 2025-05-31 | £1 | — | — | — | — | — | — |

current ratio 1.63; size band micro.

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

- Net assets above zero: Net assets £7,575 at 31 May 2026
- Net assets up 10% or more on the prior period: +757400.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.63
- Incorporated two to five years ago: Incorporated 7 May 2024

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

## Persons with significant control

- Mr Satnam Singh Bhakar — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-05-07

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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/15705210
HTML: https://firmoscan.com/company/15705210-sg-garments-ltd