NEATH PROPERTIES LIMITED
Company number 00424483 · Monitor this company
Executive summary
Neath Properties Limited is an asset-rich but cash-poor holding company with net assets of £5.69M and negligible external debt. However, its liquidity position is critically tight at just £14,293 cash, with virtually all current assets concentrated in inter-company debtors. The company's profitability depends entirely on interest income from group lending, and dividend payments are extracting nearly all annual profits. Credit facilities should be conditional on satisfactory inter-company debtor quality, appropriate cash flow covenants, and visibility into subsidiary financial health.
Shareholders' funds
£5,685,263
Balance sheet as at 2025-01-31
What it does
The principal activity of the group during the year continued to be that of holding company of a trading group.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1946-11-27
- Employees
- 1 (2025 accounts)
- Registered office
- The Courtenay Group, 73 Cornhill, London, England, EC3V 3QQ
- Postcode
- EC3V 3QQ
- Capital
- 47,297 GBP
- Accounts category
- Group
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-01-31
- Next due by
- 2026-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2025-10-12
- Next due by
- 2026-10-26
Nature of business (SIC)
- 41100 Development of building projects
Officers 10 current · 9 resigned
Group structure 4 subsidiaries
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA416291 (Tier 1), registered since 2018.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| ROYAL GEOGRAPHICAL SOCIETY BLDG, 1 KENSINGTON GORE, LONDON, SW7 2AR | 2020-03-19 |
Among its peers
Top 5%
by shareholders' funds, of 1,751 similar companies in EC
Among the oldest 25% of its local peers, trading since 1946.
Competitors London
This company ranks 59 among development of building projects in London.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.