# THISTLE SYSTEMS LIMITED (SC348504)

> THISTLE SYSTEMS LIMITED is an active private limited company (company number SC348504) incorporated on 12 September 2008, registered in Edinburgh. Its registered activity is other software publishing (SIC 58290). Latest abridged accounts cover the period ending 30 September 2025, showing net assets of −£5,993 and cash of £48k, with 1 employee on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 104% on the prior period (£150k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2008-09-12
- Registered office: Edinburgh, EH4 3DG
- SIC 58290: Other software publishing
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-26
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the bottom quarter of 67 comparable companies in Edinburgh (median £130, upper quartile £10k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | −£5,993 | £48k | £4,437 | — | — | — | 1 |
| 2024-09-30 | £150k | £203k | £4,248 | — | — | — | 1 |
| 2023-09-30 | £244k | £321k | £0 | — | — | — | 1 |

net assets trend falling; size band micro.

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

- Net assets below zero: Net assets £-5,993 at 30 September 2025
- Net assets down 25% or more on the prior period: -104.0% vs prior period
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 12 September 2008

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

## Persons with significant control

- Mr Lawrence Scott — owns 75–100% of shares, since 2016-06-29

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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/SC348504
HTML: https://firmoscan.com/company/SC348504-thistle-systems-limited