# DEMYTH LTD (SC795519)

> DEMYTH LTD is an active private limited company (company number SC795519) incorporated on 17 January 2024, registered in Glasgow. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 January 2026, showing net assets of £43k, 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 630% on the prior period (£5,909).

- Status: Active
- Incorporated: 2024-01-17
- Registered office: Glasgow, G2 1BP
- SIC 62012: Business and domestic software development
- SIC 62020: Information technology consultancy activities
- SIC 63120: Web portals
- Next accounts due: 2027-10-31
- Confirmation statement due: 2027-01-31
- Accounts type: MICRO ENTITY

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 |
|---|---|---|---|---|---|---|---|
| 2026-01-31 | £43k | — | — | £35k | — | — | 1 |
| 2025-01-31 | £5,909 | — | — | £4,611 | — | — | 1 |

current ratio 2.24; size band micro.

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

- Net assets above zero: Net assets £43,148 at 31 January 2026
- Net assets up 10% or more on the prior period: +630.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.24
- Incorporated two to five years ago: Incorporated 17 January 2024

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

## Persons with significant control

- Mr Tamas Millian — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-01-17

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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/SC795519
HTML: https://firmoscan.com/company/SC795519-demyth-ltd
