# MERCHANT DEVELOPMENTS SCOTLAND LIMITED (SC645099)

> MERCHANT DEVELOPMENTS SCOTLAND LIMITED is an active private limited company (company number SC645099) incorporated on 22 October 2019, registered in Glasgow. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 28 February 2025, showing net assets of £98k and cash of £2,914, with 0 employees on average. Net assets fell 16% on the prior period (£116k).

- Status: Active
- Incorporated: 2019-10-22
- Registered office: Glasgow, G63 9JQ
- SIC 68100: Buying and selling of own real estate
- Next accounts due: 2026-11-28
- Confirmation statement due: 2026-11-05
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 2,840 comparable companies in Glasgow (median £1, upper quartile £6,823).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £98k | £2,914 | £46k | £30k | — | — | 0 |
| 2024-02-29 | £116k | £3,200 | £53k | £12k | — | — | — |

current ratio 1.63; size band micro.

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

- Net assets above zero: Net assets £97,695 at 28 February 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.63
- Incorporated five or more years ago: Incorporated 22 October 2019

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

## Persons with significant control

- Mr Shaun Rajiv Marwaha — has significant influence or control, since 2019-10-22
- Nero Property Holdings Ltd (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2025-10-24

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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/SC645099
HTML: https://firmoscan.com/company/SC645099-merchant-developments-scotland-limited