# PROPERTYSOLUTIONS247 LTD (11454684)

> PROPERTYSOLUTIONS247 LTD is an active private limited company (company number 11454684) incorporated on 9 July 2018, registered in East Cowes. Its registered activity is plumbing, heat and air-conditioning installation (SIC 43220). Latest abridged accounts cover the period ending 31 July 2025, showing net assets of −£15k and cash of £1,100, with 1 employee on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 9% on the prior period (−£16k).

- Status: Active
- Incorporated: 2018-07-09
- Registered office: East Cowes, PO32 6JW
- SIC 43220: Plumbing, heat and air-conditioning installation
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-23
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the bottom quarter of 573 comparable companies in Portsmouth (median £4,669, upper quartile £26k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | −£15k | £1,100 | £0 | £15k | — | — | 1 |
| 2024-07-31 | −£16k | £1,101 | £4,050 | £19k | — | — | 1 |

current ratio 0.07; size band micro.

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

- Net assets below zero: Net assets £-14,571 at 31 July 2025
- Current assets below creditors within one year: Current ratio 0.07
- Incorporated five or more years ago: Incorporated 9 July 2018

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

## Persons with significant control

- Mr Nicholas David Russell — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-07-09

---
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/11454684
HTML: https://firmoscan.com/company/11454684-propertysolutions247-ltd