# MEARNSNEWS1 LTD (SC723892)

> MEARNSNEWS1 LTD is an active private limited company (company number SC723892) incorporated on 21 February 2022, registered in Glasgow. Its registered activity is non-specialised wholesale trade (SIC 46900). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £17k, with 10 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 19% on the prior period (£14k).

- Status: Active
- Incorporated: 2022-02-21
- Registered office: Glasgow, G41 3RS
- SIC 46900: Non-specialised wholesale trade
- SIC 47190: Other retail sale in non-specialised stores
- SIC 47620: Retail sale of newspapers and stationery in specialised stores
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-07
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 244 comparable companies in Glasgow (median £3,143, upper quartile £90k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £17k | — | — | £17k | — | — | 10 |
| 2024-02-28 | £14k | — | — | £12k | — | — | 9 |

current ratio 1.5; size band micro.

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

- Net assets above zero: Net assets £17,124 at 28 February 2025
- Net assets up 10% or more on the prior period: +19.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.5
- Incorporated two to five years ago: Incorporated 21 February 2022

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

## Persons with significant control

- Mr Rao Akhlaq Ahmad Khan — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2022-02-21

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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/SC723892
HTML: https://firmoscan.com/company/SC723892-mearnsnews1-ltd