# WILLIAM MARTIN DECORATORS LTD (SC469616)

> WILLIAM MARTIN DECORATORS LTD is an active private limited company (company number SC469616) incorporated on 11 February 2014, registered in Oban. Its registered activity is painting (SIC 43341). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £16k, with 5 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 43% on the prior period (£29k).

- Status: Active
- Incorporated: 2014-02-11
- Registered office: Oban, PA34 4AT
- SIC 43341: Painting
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-25
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 217 comparable companies in Glasgow (median £4,610, upper quartile £27k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £16k | — | — | £30k | — | — | 5 |
| 2024-02-29 | £29k | — | — | £10k | — | — | 5 |

current ratio 0.86; size band micro.

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

- Net assets above zero: Net assets £16,389 at 28 February 2025
- Net assets down 25% or more on the prior period: -43.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.86
- Incorporated five or more years ago: Incorporated 11 February 2014

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

## Persons with significant control

- Mr William Martin — owns 75–100% of shares, 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/SC469616
HTML: https://firmoscan.com/company/SC469616-william-martin-decorators-ltd