# PANACEA GENERAL ENTERPRISES LIMITED (SC611301)

> PANACEA GENERAL ENTERPRISES LIMITED is an active private limited company (company number SC611301) incorporated on 19 October 2018, registered in Mirren Court One, 1St Floor, Unit 4. Its registered activity is other retail sale not in stores, stalls or markets (SIC 47990). Latest micro accounts cover the period ending 31 October 2024, showing net assets of £5,856, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 25% on the prior period (£4,692).

- Status: Active
- Incorporated: 2018-10-19
- Registered office: Mirren Court One, 1St Floor, Unit 4, PA3 4EA
- SIC 47990: Other retail sale not in stores, stalls or markets
- Next accounts due: 2026-07-31
- Confirmation statement due: 2026-11-02
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 392 comparable companies in Glasgow (median £217, upper quartile £12k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-10-31 | £5,856 | — | — | £1,234 | — | — | 1 |
| 2023-10-31 | £4,692 | — | — | £1,516 | — | — | 3 |

current ratio 1.22; size band micro.

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

- Net assets above zero: Net assets £5,856 at 31 October 2024
- Net assets up 10% or more on the prior period: +24.8% vs prior period
- Incorporated five or more years ago: Incorporated 19 October 2018
- Accounts past their due date: Due 31 July 2026

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

## Persons with significant control

- Mr Kingsley Chibuzo Edebeatu — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-10-19

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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/SC611301
HTML: https://firmoscan.com/company/SC611301-panacea-general-enterprises-limited