# PROPERTY PROJECTS (SW) LIMITED (04925427)

> PROPERTY PROJECTS (SW) LIMITED is an active private limited company (company number 04925427) incorporated on 8 October 2003, registered in Torquay. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 30 September 2025, showing net assets of −£113k and cash of £2,809, with 2 employees on average. Net assets fell 205% on the prior period (−£37k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2003-10-08
- Registered office: Torquay, TQ1 1SR
- SIC 41100: Development of building projects
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-10-22
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 13,669 comparable companies in Other (median £609, upper quartile £72k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | −£113k | £2,809 | — | £74k | — | — | 2 |
| 2024-09-30 | −£37k | £147 | — | £99k | — | — | 5 |
| 2023-09-30 | −£18k | £22 | — | £133k | — | — | 6 |

current ratio -0.43; net assets trend falling; size band micro.

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

- Net assets below zero: Net assets £-112,724 at 30 September 2025
- Net assets down 25% or more on the prior period: -204.9% vs prior period
- Current assets below creditors within one year: Current ratio -0.43
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 8 October 2003

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

## Persons with significant control

- Mr Iain Hicks — owns 75–100% 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/04925427
HTML: https://firmoscan.com/company/04925427-property-projects-sw-limited