# POWDER AND CUT LTD (SC680068)

> POWDER AND CUT LTD is an active private limited company (company number SC680068) incorporated on 6 November 2020, registered in Clydebank. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest micro accounts cover the period ending 30 November 2025, showing net assets of −£56k, with 6 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 10% on the prior period (−£51k). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2020-11-06
- Registered office: Clydebank, G81 2AS
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-11-20
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 888 comparable companies in Glasgow (median £2,123, upper quartile £28k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | −£56k | — | — | £16k | — | — | 6 |
| 2024-11-30 | −£51k | — | — | £5,776 | — | — | 6 |
| 2023-11-30 | −£61k | — | — | £11k | — | — | 5 |

current ratio 2.91; net assets trend volatile; size band micro.

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

- Net assets below zero: Net assets £-56,489 at 30 November 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.91
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 6 November 2020

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

## Persons with significant control

- Mr Atif Ali — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2020-11-06
- Mr Asim Ali — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2020-11-06

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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/SC680068
HTML: https://firmoscan.com/company/SC680068-powder-and-cut-ltd