JJT DEVELOPMENT LIMITED
Company number 05922429 · Monitor this company
Executive summary
JJT Development Limited is in critical financial condition, with net assets of just £1,329 against total liabilities of £3.5 million and a consistently declining equity position over the past eight years. The company is technically insolvent on a current basis, with net current liabilities of £701,431 and only £5,530 in cash, and is entirely dependent on related-party creditor financing and the share premium injection of £380,997 from its parent company, Pebbletree Ltd, to remain a going concern. Without significant intervention—ideally debt-for-equity restructuring and a strategy to generate rental income from its property assets—this company faces a high probability of insolvency within 12-24 months based on current trends.
Shareholders' funds
£380,997
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-09-01
- Employees
- 0 (2025 accounts)
- Registered office
- Silksworth House Stables, Warden Law Lane, Sunderland, England, SR3 2PD
- Postcode
- SR3 2PD
- Capital
- 3 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2025-09-01
- Next due by
- 2026-09-15
Nature of business (SIC)
- 68209 Other letting and operating of own or leased real estate
Officers 2 current · 7 resigned
Group structure
Controlled by PEBBLETREE LTD — since 2016-04-06
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA585353 (Tier 1), registered since 2019.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 5
| Address | Changed on |
|---|---|
| C/O MR ROBERT THORNTON, NORTH SANDS BUSINESS CENTRE SUITE 2S, LIBERTY WAY, SUNDERLAND, SR6 0QA | 2015-01-21 |
| UNIT D SIMPSON STREET, SUNDERLAND, TYNE AND WEAR, SR4 6DR | 2014-01-15 |
| GISTERED OFFICE CHANGED ON 16/05/2009 FROM, 29A COAST ROAD, WALLSEND, TYNE AND WEAR, NE28 8DA | 2009-05-16 |
| 29A COAST ROAD, WALLSEND, TYNE AND WEAR, NE28 8DA | 2009-05-16 |
| A & P SERVICES, 51 HOWARD STREET, NORTH SHIELDS, NE30 1AR | 2007-11-13 |
Among its peers
Top 10%
by shareholders' funds, of 280 similar companies in SR
Among the oldest 25% of its local peers, trading since 2006.
Competitors Sunderland
This company ranks 22 among other letting and operating of own or leased real estate in Sunderland.
The class of 2006
66%
of the 4,015 companies in this sector incorporated in 2006 are still active today; 31% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Freehold
- 2
- Most recent registration
- 2006-11-17
- Where
- Tyne And Wear (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| TY453688 | Tyne And Wear | Freehold | 2006-11-17 | — |
| TY528512 | Tyne And Wear | Freehold | 2006-11-17 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.