# GL50 PROPERTIES LIMITED (03424783)

> GL50 PROPERTIES LIMITED is an active private limited company (company number 03424783) incorporated on 26 August 1997, registered in Witney. Its registered activity is construction of commercial buildings (SIC 41201). Latest small accounts cover the period ending 31 August 2025, showing net assets of £109k and cash of £339k, with 1 employee on average. Net assets fell 63% on the prior period (£291k).

- Status: Active
- Incorporated: 1997-08-26
- Registered office: Witney, OX28 4BE
- SIC 41201: Construction of commercial buildings
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 139 comparable companies in Oxford (median £5,438, upper quartile £51k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £109k | £339k | £1.05m | £1.75m | — | — | 1 |
| 2024-08-31 | £291k | £174k | £887k | £1.71m | — | — | 1 |

current ratio 1.06; size band micro.

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

- Net assets above zero: Net assets £109,087 at 31 August 2025
- Net assets down 25% or more on the prior period: -62.5% vs prior period
- Cash at bank of £50,000 or more: Cash £338,549
- Incorporated five or more years ago: Incorporated 26 August 1997

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

## Persons with significant control

- Mr James Edward Perkins — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors; has significant influence or control, since 2016-08-02

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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/03424783
HTML: https://firmoscan.com/company/03424783-gl50-properties-limited