# TSQUARED P1 LIMITED (SC242073)

> TSQUARED P1 LIMITED is an active private limited company (company number SC242073) incorporated on 9 January 2003, registered in Glasgow. Its registered activity is other specialised construction activities n.e.c. (SIC 43999). Latest medium accounts cover the period ending 31 March 2025, showing net assets of £14.61m and cash of £13.34m, with 19 employees on average. Turnover was £10.88m and profit for the year £4.06m. Net assets rose 5% on the prior period (£13.89m).

- Status: Active
- Incorporated: 2003-01-09
- Registered office: Glasgow, G33 1AP
- SIC 43999: Other specialised construction activities n.e.c.
- SIC 74100: Specialised design activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-01-23
- Accounts type: MEDIUM

By net assets it sits in the top quarter of 850 comparable companies in Glasgow (median £8,648, upper quartile £88k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £14.61m | £13.34m | £7.13m | — | £10.88m | £4.06m | 19 |
| 2024-03-31 | £13.89m | £13.55m | £8.85m | — | £17.35m | £5.36m | 19 |
| 2023-03-31 | — | — | — | — | — | — | — |

net margin 37.3%; size band small.

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

- Net assets above zero: Net assets £14,613,840 at 31 March 2025
- Cash at bank of £50,000 or more: Cash £13,342,167
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 9 January 2003

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

## Persons with significant control

- Tsquared Group Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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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/SC242073
HTML: https://firmoscan.com/company/SC242073-tsquared-p1-limited