# PRECIS PROPERTIES LIMITED (03359880)

> PRECIS PROPERTIES LIMITED is an active private limited company (company number 03359880) incorporated on 25 April 1997, registered in London. Its registered activity is hotels and similar accommodation (SIC 55100). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£17.25m and cash of £797k, with 26 employees on average. Net assets fell 6% on the prior period (−£16.28m).

- Status: Active
- Incorporated: 1997-04-25
- Registered office: London, W2 3BA
- SIC 55100: Hotels and similar accommodation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-05-09
- Accounts type: SMALL

By net assets it sits in the bottom quarter of 2,036 comparable companies in London (median £100, upper quartile £79k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£17.25m | £797k | £786k | £18.83m | — | −£967k | 26 |
| 2024-03-31 | −£16.28m | £548k | £766k | £17.60m | — | −£294k | 24 |
| 2023-03-31 | — | — | — | — | — | — | — |

current ratio 0.08; size band micro.

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

- Net assets below zero: Net assets £-17,246,504 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.08
- Cash at bank of £50,000 or more: Cash £796,675
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 25 April 1997

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

## Persons with significant control

- Precis Investments Limited (corporate-entity) — owns 75–100% of shares, since 2016-08-11

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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/03359880
HTML: https://firmoscan.com/company/03359880-precis-properties-limited