# MR PRICE CUT LIMITED (SC088577)

> MR PRICE CUT LIMITED is an active private limited company (company number SC088577) incorporated on 22 June 1984, registered in Hamilton. Its registered activity is other retail sale in non-specialised stores (SIC 47190). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £255k, 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 3% on the prior period (£248k).

- Status: Active
- Incorporated: 1984-06-22
- Registered office: Hamilton, ML3 6NR
- SIC 47190: Other retail sale in non-specialised stores
- SIC 68100: Buying and selling of own real estate
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-07-06
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 471 comparable companies in Glasgow (median £562, upper quartile £20k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £255k | — | — | £109k | — | — | 0 |
| 2023-12-31 | £248k | — | — | £114k | — | — | 0 |

current ratio 0.05; size band micro.

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

- Net assets above zero: Net assets £255,385 at 31 December 2024
- Current assets below creditors within one year: Current ratio 0.05
- Incorporated five or more years ago: Incorporated 22 June 1984
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Mark Shannon — owns 25–50% of shares, since 2016-12-30

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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/SC088577
HTML: https://firmoscan.com/company/SC088577-mr-price-cut-limited