# ORMUS LTD (SC742431)

> ORMUS LTD is an active private limited company (company number SC742431) incorporated on 25 August 2022, registered in Edinburgh. Its registered activity is retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (SIC 47599). Latest micro accounts cover the period ending 31 December 2024, showing net assets of −£18k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 326% on the prior period (£8,106).

- Status: Active
- Incorporated: 2022-08-25
- Registered office: Edinburgh, EH2 4PY
- SIC 47599: Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- SIC 47781: Retail sale in commercial art galleries
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-09-08
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 5,400 comparable companies in the UK (median £4,400, upper quartile £53k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£18k | — | — | £240k | — | — | 0 |
| 2023-12-31 | £8,106 | — | — | £121k | — | — | 0 |

current ratio 0.01; size band micro.

## Firmoscan score: 13/100 (grade E)

- -15 Negative net assets: Net assets £-18,297 at 2024-12-31
- -8 Net assets falling: -325.7% vs prior period
- -8 Current liabilities exceed current assets: Current ratio 0.01
- +4 Past first filings: Incorporated 2022-08-25
- -10 Accounts overdue: Due 2026-09-30

Rules: https://firmoscan.com/methodology

## Persons with significant control

- Mr Peter Graham Shand — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2022-08-25

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Source: Companies House register, Open Government Licence v3.0. Official record: https://find-and-update.company-information.service.gov.uk/company/SC742431
HTML: https://firmoscan.com/company/SC742431-ormus-ltd