# TITAS DEVELOPMENT LIMITED (05814960)

> TITAS DEVELOPMENT LIMITED is an active private limited company (company number 05814960) incorporated on 12 May 2006. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £168k, with 0 employees on average. Turnover was £15k and profit for the year −£19k. Net assets fell 10% on the prior period (£187k).

- Status: Active
- Incorporated: 2006-05-12
- Registered office: N14 7NH
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-26
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 37,995 comparable companies in London (median −£1, upper quartile £9,940).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £168k | — | — | £11k | £15k | −£19k | 0 |
| 2024-05-31 | £187k | — | — | £5,065 | £39k | −£1,038 | — |

current ratio 12.78; net margin -127.1%; size band micro.

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

- Net assets above zero: Net assets £167,924 at 31 May 2025
- Current assets at least 1.5× creditors within one year: Current ratio 12.78
- Incorporated five or more years ago: Incorporated 12 May 2006

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

## Persons with significant control

- Mr Shah Mustapha Raquib Shamsad — 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/05814960
HTML: https://firmoscan.com/company/05814960-titas-development-limited