PROPERTY ASSET DEVELOPMENTS LTD
Company number SC622845 · Active · Glasgow G73 2JP
PROPERTY ASSET DEVELOPMENTS LTD is an active private limited company (company number SC622845) incorporated on 28 February 2019, registered in Glasgow. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 28 February 2025, showing net assets of −£18k and cash of £13k, with 2 employees on average. Net assets fell 22% on the prior period (−£15k).
By net assets it sits in the bottom quarter of 1,167 comparable companies in Glasgow (median £100, upper quartile £48k).
Key dates
- Incorporated
- 28 February 2019
- Next accounts due
- 28 November 2026 — in 39 days
- Confirmation statement due
- 14 March 2027 — in 145 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 41100
- Development of building projects
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 28 February 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | −£18k | £13k | — | £31k | — | — | 2 |
| 29 February 2024 | −£15k | £37k | — | £43k | — | — | 2 |
- Current ratio
- 0.44 — current liabilities exceed current assets
- Cash per employee
- £6,746
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 35/100 (grade D)
- -15 Negative net assets — Net assets £-18,297 at 2025-02-28
- -8 Current liabilities exceed current assets — Current ratio 0.44
- +8 Established — Incorporated 2019-02-28 (8 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Paul Logan — owns 25–50% of shares; holds 25–50% of voting rights · since 28 February 2019
- Mr Brian Mccaffrey — owns 25–50% of shares; holds 25–50% of voting rights · since 28 February 2019 · ceased 16 July 2026
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Glasgow
Same activity (development of building projects), closest in incorporation date.
- JHC PROJECTS LTD — East Kilbride, inc. Feb 2019
- SWEENEY GROUP LIMITED — Motherwell, inc. Mar 2019
- BELMOUNT CONSTRUCTION MANAGEMENT SERVICES LTD — Oldkilpatrick, inc. Feb 2019
- SHAW JAEGER LIMITED — Glasgow, inc. Feb 2019
- GERHART INTEGRATED INDUSTRIES LIMITED — Glasgow, inc. Mar 2019
- MAK PROPERTY DEVELOPERS LTD — Motherwell, inc. Mar 2019
Reminders for PROPERTY ASSET DEVELOPMENTS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.