# PROMISE DEVELOPMENT LIMITED (05168308)

> PROMISE DEVELOPMENT LIMITED is an active (proposal to strike off) private limited company (company number 05168308) incorporated on 1 July 2004, registered in Morpeth. Its registered activity is management consultancy activities other than financial management (SIC 70229). Latest abridged accounts cover the period ending 31 December 2024, showing net assets of £60 and cash of £4, with 0 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 53% on the prior period (£128).

- Status: Active - Proposal to Strike off
- Incorporated: 2004-07-01
- Registered office: Morpeth, NE65 9RR
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-07-15
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the lower half of 1,765 comparable companies in Newcastle (median £3,587, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £60 | £4 | £6,172 | — | — | — | 0 |
| 2023-12-31 | £128 | £1,217 | £6,829 | — | — | — | 0 |

size band micro.

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

- Net assets above zero: Net assets £60 at 31 December 2024
- Net assets down 25% or more on the prior period: -53.1% vs prior period
- Incorporated five or more years ago: Incorporated 1 July 2004
- Register status is not Active: Active - Proposal to Strike off

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

## Persons with significant control

- Mrs Stephanie Butland — owns 25–50% of shares, since 2016-07-03

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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/05168308
HTML: https://firmoscan.com/company/05168308-promise-development-limited