# PMG QUALITY & WELDING ENGINEERING CONSULTANCY LIMITED (SC688561)

> PMG QUALITY & WELDING ENGINEERING CONSULTANCY LIMITED is an active private limited company (company number SC688561) incorporated on 9 February 2021, registered in Motherwell. Its registered activity is other engineering activities (SIC 71129). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £70k, 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 17% on the prior period (£60k).

- Status: Active
- Incorporated: 2021-02-09
- Registered office: Motherwell, ML1 3NN
- SIC 71129: Other engineering activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-23
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 525 comparable companies in Glasgow (median £9,152, upper quartile £36k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £70k | — | — | £31k | — | — | 1 |
| 2024-03-31 | £60k | — | — | £37k | — | — | 1 |

current ratio 2.7; size band micro.

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

- Net assets above zero: Net assets £70,157 at 31 March 2025
- Net assets up 10% or more on the prior period: +16.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.7
- Incorporated five or more years ago: Incorporated 9 February 2021

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

## Persons with significant control

- Mr Peter Mcghee — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2021-02-09

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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/SC688561
HTML: https://firmoscan.com/company/SC688561-pmg-quality-welding-engineering-consultancy-limited
