# SM ASSETS LIMITED (SC569551)

> SM ASSETS LIMITED is an active private limited company (company number SC569551) incorporated on 23 June 2017, registered in Glasgow. Its registered activity is non-specialised wholesale trade (SIC 46900). Latest small accounts cover the period ending 30 December 2024, showing net assets of £3.87m and cash of £102, with 0 employees on average. Net assets fell 43% on the prior period (£6.80m).

- Status: Active
- Incorporated: 2017-06-23
- Registered office: Glasgow, G14 0QP
- SIC 46900: Non-specialised wholesale trade
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-07-07
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 244 comparable companies in Glasgow (median £3,143, upper quartile £90k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-30 | £3.87m | £102 | — | — | — | — | 0 |
| 2023-12-30 | £6.80m | £102 | — | — | — | — | 0 |

size band micro.

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

- Net assets above zero: Net assets £3,874,985 at 30 December 2024
- Net assets down 25% or more on the prior period: -43.0% vs prior period
- Incorporated five or more years ago: Incorporated 23 June 2017
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Shokat Mubarik — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-04-27

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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/SC569551
HTML: https://firmoscan.com/company/SC569551-sm-assets-limited