# WHITECART GROUP LTD (SC522020)

> WHITECART GROUP LTD is an active private limited company (company number SC522020) incorporated on 8 December 2015, registered in Glasgow. Its registered activity is licenced clubs (SIC 56301). Latest micro accounts cover the period ending 31 December 2024, showing net assets of −£376k, with -3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 38% on the prior period (−£273k).

- Status: Active
- Incorporated: 2015-12-08
- Registered office: Glasgow, G2 3DH
- SIC 56301: Licenced clubs
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-22
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,247 comparable companies in the UK (median £1,097, upper quartile £33k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£376k | — | — | £405k | — | — | -3 |
| 2023-12-31 | −£273k | — | — | £310k | — | — | -3 |

current ratio 0.08; size band micro.

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

- Net assets below zero: Net assets £-375,839 at 31 December 2024
- Net assets down 25% or more on the prior period: -37.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.08
- Incorporated five or more years ago: Incorporated 8 December 2015
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Michael Bain — owns 75–100% of shares; holds 75–100% of voting rights, since 2019-12-04

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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/SC522020
HTML: https://firmoscan.com/company/SC522020-whitecart-group-ltd