# BULBWORKS LIMITED (SC747040)

> BULBWORKS LIMITED is an active private limited company (company number SC747040) incorporated on 11 October 2022, registered in Glasgow. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 August 2025, showing net assets of £56k and cash of £26k, with 7 employees on average. Net assets rose 2798700% on the prior period (£2).

- Status: Active
- Incorporated: 2022-10-11
- Registered office: Glasgow, G1 3NQ
- SIC 62012: Business and domestic software development
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-10-25
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 618 comparable companies in Glasgow (median £1,217, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £56k | £26k | £104k | £81k | — | — | 7 |
| 2024-08-31 | £2 | £0 | £2 | £0 | — | — | 2 |

current ratio 1.6; size band micro.

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

- Net assets above zero: Net assets £55,976 at 31 August 2025
- Net assets up 10% or more on the prior period: +2798700.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.6
- Incorporated two to five years ago: Incorporated 11 October 2022

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

## Persons with significant control

- Mr Stephen Welsh — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-10-11
- Mrs Michelle Welsh — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-10-11

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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/SC747040
HTML: https://firmoscan.com/company/SC747040-bulbworks-limited