PRAZE PROPERTIES LLP
Company number OC314537 · Monitor this company
Executive summary
Praze Properties LLP presents an unacceptable credit risk for any meaningful facility. The entity has operated with negative net assets for most of the past six years, only returning to a marginal £48 positive position in 2025. The dramatic collapse from £2M+ in assets to a near-zero net asset shell, combined with no filed income statement, means there is no visibility over debt service capacity or trading viability. While the recent cash improvement is noted, without understanding its source and sustainability, this does not mitigate the fundamental balance sheet weakness. The application should be declined.
Overview
- Company type
- Limited Liability Partnership
- Incorporated
- 2005-08-05
- Employees
- 0 (2025 accounts)
- Registered office
- North Barn Dodford Hill Farm, Brockhall Road, Northampton, Northamptonshire, England, NN7 4GS
- Postcode
- NN7 4GS
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-08-03
- Next due by
- 2027-08-17
Officers 2 current · 1 resigned
The class of 2005
34%
of the 154,486 companies incorporated in 2005 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.