{"name":"FOLK PROPERTIES LIMITED","company_number":"12587828","status":"Active - Proposal to Strike off","type":"Private Limited Company","incorporated":"2020-05-06","dissolved":null,"registered_office":"Kent Innovation Centre, Millennium Way, Broadstairs, Kent, England, CT10 2QQ","postcode":"CT10 2QQ","sic_codes":[{"code":68100,"description":"Buying and selling of own real estate"}],"principal_activity":null,"previous_names":[],"warnings":["The annual accounts for this company are overdue."],"accounts":{"category":"Micro","year_end":"30 April","last_made_up_to":"2024-04-30","next_due":"2026-01-31"},"employees":null,"financials":[{"financial_date":"2024-04-30","net_assets":100},{"financial_date":"2023-04-30","net_assets":100},{"financial_date":"2022-05-31","net_assets":100},{"financial_date":"2021-05-31"}],"officers":{"current":1,"resigned":1,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Folk Properties Limited exhibits fragile financial health characterized by minimal net assets and heavy reliance on related party liabilities. The company's primary asset—property stock—is illiquid, resulting in tight working capital and elevated liquidity risk. To improve financial wellness, the company should focus on enhancing liquidity, strengthening equity, and increasing financial transparency to ensure sustainable operations.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/folk-properties","people":"https://www.companiesintheuk.co.uk/company/folk-properties/people","filing_history":"https://www.companiesintheuk.co.uk/company/folk-properties/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/12587828","financials":"https://www.companiesintheuk.co.uk/company/folk-properties/financial","control":"https://www.companiesintheuk.co.uk/company/folk-properties/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/folk-properties/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/folk-properties"}