# PANACEA PROPERTY DEVELOPMENT LIMITED (07993931)

> PANACEA PROPERTY DEVELOPMENT LIMITED is an active private limited company (company number 07993931) incorporated on 16 March 2012, registered in Manchester. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £1.46m, 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 1% on the prior period (£1.47m).

- Status: Active
- Incorporated: 2012-03-16
- Registered office: Manchester, M3 5FS
- SIC 41100: Development of building projects
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-03-30
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 3,936 comparable companies in Manchester (median £100, upper quartile £45k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £1.46m | — | — | £1,000 | — | — | 0 |
| 2024-08-31 | £1.47m | — | — | £5,000 | — | — | 0 |

current ratio 1461.8; size band micro.

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

- Net assets above zero: Net assets £1,460,836 at 31 August 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1461.8
- Incorporated five or more years ago: Incorporated 16 March 2012

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

## Persons with significant control

- Mr Neil Clifford Patten — owns 25–50% of shares, since 2024-07-05
- Mr Gareth Ivor Riddell — owns 25–50% of shares, since 2024-07-05

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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/07993931
HTML: https://firmoscan.com/company/07993931-panacea-property-development-limited