# PELIN CONSTRUCTION LTD (12009763)

> PELIN CONSTRUCTION LTD is an active private limited company (company number 12009763) incorporated on 21 May 2019, registered in Loughton. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£55k and cash of £19k, with 1 employee on average. Net assets rose 29% on the prior period (−£78k).

- Status: Active
- Incorporated: 2019-05-21
- Registered office: Loughton, IG10 4QY
- SIC 41100: Development of building projects
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-04
- 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 |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£55k | £19k | — | £860k | — | — | 1 |
| 2024-05-31 | −£78k | £3,843 | — | £868k | — | — | 1 |

current ratio 0.02; size band micro.

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

- Net assets below zero: Net assets £-55,464 at 31 May 2025
- Net assets up 10% or more on the prior period: +29.3% vs prior period
- Current assets below creditors within one year: Current ratio 0.02
- Incorporated five or more years ago: Incorporated 21 May 2019

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

## Persons with significant control

- Mr Yusuf Sahbudak — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-05-21

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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/12009763
HTML: https://firmoscan.com/company/12009763-pelin-construction-ltd