# G.L.S. LIMITED (SC118672)

> G.L.S. LIMITED is an active private limited company (company number SC118672) incorporated on 20 June 1989, registered in Melrose. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 28 February 2025, showing net assets of −£354k and cash of £405, with 1 employee on average. Net assets fell 26% on the prior period (−£282k).

- Status: Active
- Incorporated: 1989-06-20
- Registered office: Melrose, TD6 9JR
- SIC 41100: Development of building projects
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-07-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 13,669 comparable companies in Other (median £609, upper quartile £72k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | −£354k | £405 | £4,312 | £1.03m | — | — | 1 |
| 2024-02-29 | −£282k | £7 | £4,312 | £951k | — | — | 2 |

current ratio 0.65; size band micro.

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

- Net assets below zero: Net assets £-353,572 at 28 February 2025
- Net assets down 25% or more on the prior period: -25.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.65
- Incorporated five or more years ago: Incorporated 20 June 1989

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

## Persons with significant control

- Mr George James Deans — has significant influence or control, since 2016-06-22
- Mr Alexander Gavin Mark Stevenson — owns 75–100% of shares, since 2016-07-01

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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/SC118672
HTML: https://firmoscan.com/company/SC118672-g-l-s-limited