# MCTEARS GALLERY 1842 LTD (SC436645)

> MCTEARS GALLERY 1842 LTD is an active private limited company (company number SC436645) incorporated on 12 November 2012, registered in Glasgow. Its registered activity is retail sale of antiques including antique books in stores (SIC 47791). Latest small accounts cover the period ending 31 October 2025, showing net assets of £1.25m and cash of £2.06m, with 35 employees on average. Net assets rose 26% on the prior period (£991k).

- Status: Active
- Incorporated: 2012-11-12
- Registered office: Glasgow, G51 4GB
- SIC 47791: Retail sale of antiques including antique books in stores
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 1,471 comparable companies in the UK (median £7,770, upper quartile £83k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £1.25m | £2.06m | £239k | £1.19m | — | — | 35 |
| 2024-10-31 | £991k | £1.59m | £234k | £938k | — | — | 34 |

current ratio 1.92; size band small.

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

- Net assets above zero: Net assets £1,248,981 at 31 October 2025
- Net assets up 10% or more on the prior period: +26.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.92
- Cash at bank of £50,000 or more: Cash £2,055,905
- Incorporated five or more years ago: Incorporated 12 November 2012

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

## Persons with significant control

- Mr Brian Wheatley Clements — owns 50–75% of shares; holds 50–75% of voting rights, since 2016-06-06

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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/SC436645
HTML: https://firmoscan.com/company/SC436645-mctears-gallery-1842-ltd