PRECIS PROPERTIES LIMITED
Company number 03359880 · Monitor this company
Executive summary
Precis Properties Limited presents a HIGH risk profile: it is balance-sheet insolvent with £17.25m of net liabilities, loss-making with losses tripling to £967k in FY2025, and explicitly dependent on parent company support to remain a going concern, with the ultimate parent domiciled offshore in the BVI. The principal mitigant is that approximately £17.5m of its £18.8m liabilities are intra-group rather than third-party, and the company maintains compliant filings, an unqualified audit, and a modestly improved cash position. Any investment decision should be conditional on verifying the financial capacity of the supporting parent and the terms of the intra-group debt.
Shareholders' funds
-£17,246,506
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1997-04-25
- Employees
- 26 (2025 accounts · was 24 in 2024)
- Registered office
- 3 Queens Gardens, London, England, W2 3BA
- Postcode
- W2 3BA
- Capital
- 2 GBP
- Accounts category
- Small
- Charges
- 7 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
- 2026-08-15
- Next due by
- 2027-08-29
Nature of business (SIC)
- 55100 Hotels and similar accommodation
Officers 4 current · 26 resigned
Group structure
Controlled by PRECIS INVESTMENTS LIMITED — since 2016-08-11
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA293687 (Tier 1), registered since 2017.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| PRECIS (1531) LIMITED | 1998-07-13 |
Previous registered addresses 5
| Address | Changed on |
|---|---|
| 92 KENTON LANE, KENTON, HARROW, MIDDLESEX HA3 8UE | 1999-10-12 |
| 31 BELGRAVE SQUARE, LONDON, SW1X 8QB | 1999-10-12 |
| NARROW QUAY HOUSE, NARROW QUAY, BRISTOL, BS1 4AH | 1998-07-17 |
| 25 SAVILLE ROW, LONDON, W1X 1AA | 1997-10-22 |
| LEVEL 1 EXCHANGE HOUSE, PRIMROSE STREET, LONDON, EC2A 2HS | 1997-07-18 |
Among its peers
Among the biggest employers
of 377 similar companies in W, with 26 staff. Among the oldest 25% of its local peers.
Competitors London
This company ranks 516 among hotels and similar accommodation in London.
The class of 1997
54%
of the 218 companies in this sector incorporated in 1997 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 4 titles
- Leasehold
- 4
- Most recent registration
- 2016-06-30
- Where
- Greater London (4)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| NGL961399 | Greater London | Leasehold | 2016-06-30 | — |
| NGL911404 | Greater London | Leasehold | 2010-06-24 | — |
| NGL878820 | Greater London | Leasehold | 2007-04-12 | — |
| NGL857639 | Greater London | Leasehold | 2006-01-13 | — |
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.