THAT'S MY UNDERSTANDING LIMITEDActive
Key figures
Like most small UK companies, THAT'S MY UNDERSTANDING LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2025/26Balance sheet structure
Filed accounts2020/21–2025/26
| 2021/22 | 2022/23 | 2023/24 | 2024/25 | 2025/26 | |
|---|---|---|---|---|---|
| Total assets | 72,000 | 72,000 | 72,000 | 82,220 | 84,429 |
| Total liabilities | 0 | 0 | 0 | 77,119 | 74,922 |
| Net assets / total equity | 72,000 | 72,000 | 72,000 | 5,101 | 9,507 |
| Average number of employees | 2 | 2 | 0 | 2 | 2 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Summary: THAT'S MY UNDERSTANDING LIMITED
Company
THAT'S MY UNDERSTANDING LIMITED is a private limited company registered with Companies House under company number SC650496. It was incorporated on 3 Jan 2020. Its status is active. The registered office is in Strathaven (ML10). Its nature of business (SIC 2007) is buying and selling of own real estate (68100).
Accounts
The latest accounts in the database are for 2025/26 (period ending 31 Jan 2026); the company files micro-entity accounts. Net assets were £9,507, up 86.4% on the previous year. Total assets were £84,429 and total liabilities £74,922. The company had an average of 2 employees. Figures are available for 6 financial years (2020/21–2025/26).
Control and charges
2 persons with significant control are registered.
Filing deadlines
The next accounts are due by 31 Oct 2026. The next confirmation statement is due by 16 Jan 2027.