# MARTEC ENGINEERING HOLDINGS LIMITED (SC698759)

> MARTEC ENGINEERING HOLDINGS LIMITED is an active private limited company (company number SC698759) incorporated on 14 May 2021, registered in Glasgow. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 31 December 2025, showing net assets of £664k and cash of £607, with 0 employees on average. Net assets rose 20% on the prior period (£552k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2021-05-14
- Registered office: Glasgow, G32 8RG
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-05-28
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 4,677 comparable companies in Glasgow (median £0, upper quartile £11k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £664k | £607 | £209k | £916k | — | — | 0 |
| 2024-12-31 | £552k | £515 | £0 | £819k | — | — | 0 |
| 2023-12-31 | £410k | £18k | £2,486 | £981k | — | — | 0 |

current ratio 0.23; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £663,909 at 31 December 2025
- Net assets up 10% or more on the prior period: +20.3% vs prior period
- Current assets below creditors within one year: Current ratio 0.23
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 14 May 2021

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

## Persons with significant control

- Mr Martin Mchugh — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-05-14
- Mrs Christine Mchugh — owns 25–50% of shares, since 2021-10-01

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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/SC698759
HTML: https://firmoscan.com/company/SC698759-martec-engineering-holdings-limited