FIRM CONTRACTS LIMITED

Company number SC488578 · Active

FIRM CONTRACTS LIMITED is a private limited company registered in STORNOWAY, United Kingdom, incorporated on 9 Oct 2014. Its registered activity is joinery installation. Its latest published accounts for the period ending 31 Oct 2025 show equity of −£30k, total assets of £10k. It has filed 7 sets of accounts, 2 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Industry2.0×43 · 0.23 % became insolvent

Lowers the risk

Region0.0×HS · 0.00 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
SC488578 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 Oct 2014 (12 years)
Registered address
HS1 2JF STORNOWAY
Postcode area
Outer Hebrides
Activity
43320 Joinery installation
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 20253 Nov 2026– –−£30k£10k £40k–1
31 Oct 202415 Jul 2025– –−£22k£5,481 £29k–1
31 Oct 202315 Jul 2024– –−£14k£8,099 £22k–0
31 Oct 202215 Jul 2023– –−£14k£16k £30k–2
31 Oct 202115 Jul 2022– –−£11k£15k £19k–3
31 Oct 202015 Jul 2021– –£11k£23k £30k–2
31 Oct 201915 Mar 2021– –−£11k£23k £30k–3

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Outer Hebrides

Questions about FIRM CONTRACTS LIMITED

What is the company number of FIRM CONTRACTS LIMITED?

FIRM CONTRACTS LIMITED is registered under company number SC488578 in the official register of United Kingdom. View it at the official register.

Is FIRM CONTRACTS LIMITED still active?

Yes. FIRM CONTRACTS LIMITED is registered as active (status: Active).

Has FIRM CONTRACTS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for FIRM CONTRACTS LIMITED in the official data.

How likely is FIRM CONTRACTS LIMITED to become insolvent?

Our model estimates a 0.00 % probability that FIRM CONTRACTS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was FIRM CONTRACTS LIMITED founded?

FIRM CONTRACTS LIMITED was incorporated on 9 Oct 2014.

Where is FIRM CONTRACTS LIMITED registered?

FIRM CONTRACTS LIMITED's registered address is in HS1 2JF STORNOWAY (Outer Hebrides), United Kingdom.

What do the latest accounts of FIRM CONTRACTS LIMITED show?

The latest published accounts (period ending 31 Oct 2025) show equity of −£30k, total assets of £10k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.