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.
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 1,754 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.