# GLENPROP 1 LIMITED (SC522292)

> GLENPROP 1 LIMITED is an active private limited company (company number SC522292) incorporated on 11 December 2015, registered in Glasgow. Its registered activity is hotels and similar accommodation (SIC 55100). Latest small accounts cover the period ending 31 March 2025, showing net assets of £5.03m and cash of £453k, with 2 employees on average. Net assets rose 2541% on the prior period (£190k).

- Status: Active
- Incorporated: 2015-12-11
- Registered office: Glasgow, G3 7SL
- SIC 55100: Hotels and similar accommodation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-12-25
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 332 comparable companies in Glasgow (median £100, upper quartile £65k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £5.03m | £453k | £6.65m | — | — | — | 2 |
| 2024-03-31 | £190k | £316k | £33k | — | — | — | 2 |

size band micro.

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

- Net assets above zero: Net assets £5,026,900 at 31 March 2025
- Net assets up 10% or more on the prior period: +2540.6% vs prior period
- Cash at bank of £50,000 or more: Cash £453,339
- Incorporated five or more years ago: Incorporated 11 December 2015

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

## Persons with significant control

- Glencairn Properties (Scotland) Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2017-03-27

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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/SC522292
HTML: https://firmoscan.com/company/SC522292-glenprop-1-limited