# GRAFWORX LIMITED (SC578334)

> GRAFWORX LIMITED is an active private limited company (company number SC578334) incorporated on 9 October 2017, registered in Glasgow. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 5 April 2026, showing net assets of £11k, with 0 employees on average. Turnover was £53k and profit for the year −£9,401. Net assets fell 80% on the prior period (£59k).

- Status: Active
- Incorporated: 2017-10-09
- Registered office: Glasgow, G63 0XG
- SIC 62012: Business and domestic software development
- Next accounts due: 2028-01-05
- Confirmation statement due: 2027-10-23
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 618 comparable companies in Glasgow (median £1,217, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-04-05 | £11k | — | — | — | £53k | −£9,401 | 0 |
| 2025-04-05 | £59k | — | — | — | £120k | £38k | 0 |

net margin -17.7%; size band micro.

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

- Net assets above zero: Net assets £11,465 at 5 April 2026
- Net assets down 25% or more on the prior period: -80.4% vs prior period
- Incorporated five or more years ago: Incorporated 9 October 2017

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

## Persons with significant control

- Mr Alastair Pandelus — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2017-10-09

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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/SC578334
HTML: https://firmoscan.com/company/SC578334-grafworx-limited