# GLENDOUNE LIMITED (SC390573)

> GLENDOUNE LIMITED is an active private limited company (company number SC390573) incorporated on 20 December 2010, registered in Glasgow. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 31 December 2025, showing net assets of £118k and cash of £40k, with 0 employees on average. Net assets rose 16% on the prior period (£102k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2010-12-20
- Registered office: Glasgow, G2 1BP
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-01-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 4,677 comparable companies in Glasgow (median £0, upper quartile £11k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £118k | £40k | £300 | £4,755 | — | — | 0 |
| 2024-12-31 | £102k | £72k | £300 | £4,170 | — | — | 0 |
| 2023-12-31 | £90k | £66k | £300 | £3,839 | — | — | 0 |

current ratio 8.5; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £118,045 at 31 December 2025
- Net assets up 10% or more on the prior period: +15.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 8.5
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 20 December 2010

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

## Persons with significant control

- Neil Ian Watson — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-02-01
- Andrew Mcmillan Watson — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-02-01

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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/SC390573
HTML: https://firmoscan.com/company/SC390573-glendoune-limited