ATLANTIC PROPERTY DEVELOPMENTS LIMITED, CF14 0SN : Companies House Number 02341408

Executive summary

Atlantic Property Developments presents a conditional credit proposition: profitability has strengthened significantly with net profit tripling to £1.45M (2025), and the business has recovered from a prolonged period of negative net assets (2018-2021). However, the balance sheet remains highly leveraged with net current liabilities of £7.93M, cash declining 40% to £172K despite strong profits, and a thin equity cushion of £1.89M against likely £18M+ in total assets. Any lending should be secured against property assets, supported by personal guarantees from the PSCs, and subject to quarterly monitoring with particular focus on the net current liabilities trajectory and cash conversion from reported profits.

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Shareholders' funds

£1,077,312

Balance sheet as at 2023-03-31

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Overview

Company type: Private Limited Company
Incorporated: 1989-01-31
Registered office: Foxfield Rudry Road, Lisvane, Cardiff, Wales, CF14 0SN
Postcode: CF14 0SN
Capital: 52,000 GBP
Accounts category: Full
Charges: 28 outstanding

Accounts

Last made up to: 2025-03-31
Next due by: 2026-09-29
Financial year end: 29 March

Confirmation statement

Last statement dated: 2026-01-06
Next due by: 2027-01-20

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Nature of business (SIC)

68209 Other letting and operating of own or leased real estate

Officers 5 current · 10 resigned

Zoe Jean LOXTON Director

Appointed 2021-03-29

MR CRAIG PAUL DAVIES Secretary

Appointed 2011-10-19

MR Craig Paul DAVIES Director

Appointed 2011-09-23

OBE PETER THOMAS Director

COMPANY DIRECTOR Appointed 1992-04-28

MRS Barbara Lynne THOMAS Director

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Group structure 2 subsidiaries

PLAS GWYNT MANAGEMENT LIMITED
ATLANTIC WARE (BURRY PORT) LIMITED Dissolved

From persons-with-significant-control filings on the public register.

Previous company names

Name	Date changed
ATLANTIC PROPERTY DEVELOPMENTS PLC	2026-08-24
FILBUK 178 LIMITED	1989-09-22

Previous registered addresses 4

Address	Changed on
FIRST FLOOR, WESTVIEW HOUSE MULBERRY DRIVE, CARDIFF GATE BUSINESS PARK, CARDIFF, CF23 8RS	2019-04-03
ATLANTIC HOUSE, GREENWOOD CLOSE, CARDIFF GATE BUSINESS PARK, CARDIFF, CF23 8RD	2015-04-08
7-8 RALEIGH WALK, ATLANTIC WHARF, CARDIFF, CF10 4LN	2003-09-25
FITZALAN HSE, FITZALAN RD, CARDIFF, CF2 1XZ	1990-01-03

Among its peers

Top 10%

by shareholders' funds, of 2,403 similar companies in CF

Among the oldest 25% of its local peers, trading since 1989.

Competitors Cardiff

1. GARRISON BARCLAY ESTATES LIMITED

£19,679,819
2. APD ESTATES (BIRMINGHAM) LTD

£12,891,329
3. ROINES ESTATES LIMITED

£12,588,039
4. SHADOW HOLDINGS LIMITED

£12,007,186
5. MVJ CAPITAL LIMITED

£11,138,847

This company ranks 195 among other letting and operating of own or leased real estate in Cardiff.

Full league table →

The class of 1989

79%

of the 745 companies in this sector incorporated in 1989 are still active today; 20% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 6 titles

Freehold: 6
Most recent registration: 2022-08-03
Price paid, where recorded: £4,797,000
Where: Cardiff (3), North Northamptonshire (1), Caerphilly (1)

Title number	County	Tenure	Registered	Price paid
WA857161	Cardiff	Freehold	2022-08-03	£822,000
NN342979	North Northamptonshire	Freehold	2017-06-08	£3,975,000
CYM672515	Cardiff	Freehold	2017-03-16	—
WA188154	Cardiff	Freehold	2017-03-16	—
WA918049	Caerphilly	Freehold	1999-06-14	—
WA672308	The Vale Of Glamorgan	Freehold	1993-05-13	—

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).