# PROPALYS LIMITED (05135017)

> PROPALYS LIMITED is an active private limited company (company number 05135017) incorporated on 21 May 2004, registered in Nottingham. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest micro accounts cover the period ending 31 December 2025, showing net assets of −£205k, 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 fell 17% on the prior period (−£175k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2004-05-21
- Registered office: Nottingham, NG1 6HH
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-06-04
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 3,193 comparable companies in Nottingham (median £1, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£205k | — | — | — | — | — | 0 |
| 2024-12-31 | −£175k | — | — | — | — | — | 0 |
| 2023-12-31 | £50k | — | — | — | — | — | 0 |

net assets trend falling; size band micro.

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

- Net assets below zero: Net assets £-205,235 at 31 December 2025
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 21 May 2004

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

## Persons with significant control

- Mr Steven William Brazier — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, 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/05135017
HTML: https://firmoscan.com/company/05135017-propalys-limited