# PALEC PROPERTIES LIMITED (01459729)

> PALEC PROPERTIES LIMITED is an active private limited company (company number 01459729) incorporated on 7 November 1979, registered in Birmingham. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 31 December 2025, showing net assets of £262k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 7% on the prior period (£245k).

- Status: Active
- Incorporated: 1979-11-07
- Registered office: Birmingham, B19 3SE
- SIC 41100: Development of building projects
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-11-21
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 3,002 comparable companies in Birmingham (median £233, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £262k | — | — | £27k | — | — | 0 |
| 2024-12-31 | £245k | — | — | £31k | — | — | 0 |

current ratio 6.14; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £262,262 at 31 December 2025
- Current assets at least 1.5× creditors within one year: Current ratio 6.14
- Incorporated five or more years ago: Incorporated 7 November 1979

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Brian May — owns 50–75% of shares, since 2016-04-06
- Dominic Francis May — owns 25–50% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/01459729
HTML: https://firmoscan.com/company/01459729-palec-properties-limited