# PAD ASCOT LTD (07065355)

> PAD ASCOT LTD is an active private limited company (company number 07065355) incorporated on 3 November 2009, registered in Watford. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£834k and cash of £114, with 2 employees on average. Net assets fell 21% on the prior period (−£691k).

- Status: Active
- Incorporated: 2009-11-03
- Registered office: Watford, WD18 8JA
- SIC 41100: Development of building projects
- SIC 68100: Buying and selling of own real estate
- SIC 68320: Management of real estate on a fee or contract basis
- SIC 71112: Urban planning and landscape architectural activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-11-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 8,882 comparable companies in Greater London (median £585, upper quartile £46k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£834k | £114 | — | £6.50m | — | — | 2 |
| 2024-03-31 | −£691k | £169 | — | £6.27m | — | — | 2 |

current ratio 0.03; size band micro.

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

- Net assets below zero: Net assets £-833,519 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.03
- Incorporated five or more years ago: Incorporated 3 November 2009

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

## Persons with significant control

- Mr Michael Jonathan Keats — 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/07065355
HTML: https://firmoscan.com/company/07065355-pad-ascot-ltd