THE GLASGOW MORTGAGE COMPANY LIMITED Financials
- Company number
- SC432810Copy
Copy - Registered office
- 7 Clairmont Gardens, Glasgow G3 7LW
- Incorporated
- 18/09/2012
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-7.90%vs 20232023: £254.66K
Total Assets
1.87%vs 20232023: £313.03K
Cash in Bank
7.19%vs 20232023: £265.29K
Total Liabilities
44.48%vs 20232023: £58.37K
Employees
-1vs 20232023: 7
In 2024, THE GLASGOW MORTGAGE COMPANY LIMITED reported net assets of £234.54K. The same filing shows total assets of £318.88K, cash in bank of £284.38K and total liabilities of £84.34K. Reported headcount was 6 in 2024. Total Liabilities rose from £58.37K in 2023 to £84.34K in 2024 (44.48%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-7.90%from £254.66K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures THE GLASGOW MORTGAGE COMPANY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-34.8%vs 2022-19.2% a year compound (CAGR)
Cash in Bank
-34.1%vs 2022-18.8% a year compound (CAGR)
Total Assets
-30.3%vs 2022-16.5% a year compound (CAGR)
Total Liabilities
-13.6%vs 2022-7% a year compound (CAGR)
Employees
-33.3%vs 2022-3Biggest decrease
Net Assets-34.8%
£359.62K in 2022 to £234.54K in 2024
Every indicator Okredo holds for THE GLASGOW MORTGAGE COMPANY LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE GLASGOW MORTGAGE COMPANY LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 73.55%2024
- Liabilities to total assets
- 26.45%2024
- Cash to liabilities
- 337.19%2024
- Cash to total assets
- 89.18%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THE GLASGOW MORTGAGE COMPANY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 301.53K | 359.62K | 254.66K | 234.54K |
| Total Assets£ | 393.77K | 457.22K | 313.03K | 318.88K |
| Cash in Bank£ | 379.55K | 431.70K | 265.29K | 284.38K |
| Total Liabilities£ | 92.24K | 97.60K | 58.37K | 84.34K |
| Employees | 8 | 9 | 7 | 6 |
THE GLASGOW MORTGAGE COMPANY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THE GLASGOW MORTGAGE COMPANY LIMITED filed financial statements?
Yes. Okredo holds filed figures for THE GLASGOW MORTGAGE COMPANY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did THE GLASGOW MORTGAGE COMPANY LIMITED report in 2024?
THE GLASGOW MORTGAGE COMPANY LIMITED reported net assets of £234.54K for 2024. That compares with £254.66K in 2023, a change of -7.90%.
What total assets did THE GLASGOW MORTGAGE COMPANY LIMITED report in 2024?
THE GLASGOW MORTGAGE COMPANY LIMITED reported total assets of £318.88K for 2024. That compares with £313.03K in 2023, a change of 1.87%.
What cash in bank did THE GLASGOW MORTGAGE COMPANY LIMITED report in 2024?
THE GLASGOW MORTGAGE COMPANY LIMITED reported cash in bank of £284.38K for 2024. That compares with £265.29K in 2023, a change of 7.19%.
How many people does THE GLASGOW MORTGAGE COMPANY LIMITED employ?
THE GLASGOW MORTGAGE COMPANY LIMITED reported 6 employees in 2024, compared with 7 in 2023.
How have THE GLASGOW MORTGAGE COMPANY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, THE GLASGOW MORTGAGE COMPANY LIMITED's net assets fell by 34.8%, cash in bank fell by 34.1%, total assets fell by 30.3% and total liabilities fell by 13.6%. Net assets contracted at 19.2% a year across the two years to 2024, from £359.62K to £234.54K. Reported headcount went from 9 in 2022 to 6 in 2024 (-3).
Which years of THE GLASGOW MORTGAGE COMPANY LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.