# GOODNEWS PROPERTY DEVELOPMENT LTD (12013160)

> GOODNEWS PROPERTY DEVELOPMENT LTD is an active (proposal to strike off) private limited company (company number 12013160) incorporated on 23 May 2019, registered in London. Its registered activity is real estate agencies (SIC 68310). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£7,953, with 0 employees on average. Net assets fell 18% on the prior period (−£6,719).

- Status: Active - Proposal to Strike off
- Incorporated: 2019-05-23
- Registered office: London, SE5 7TT
- SIC 68310: Real estate agencies
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-06
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 4,186 comparable companies in London (median £3,097, upper quartile £43k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£7,953 | — | £34k | £360 | — | — | 0 |
| 2024-05-31 | −£6,719 | — | £36k | £360 | — | — | 0 |

current ratio 95.68; size band micro.

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

- Net assets below zero: Net assets £-7,953 at 31 May 2025
- Current assets at least 1.5× creditors within one year: Current ratio 95.68
- Incorporated five or more years ago: Incorporated 23 May 2019
- Register status is not Active: Active - Proposal to Strike off

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

## Persons with significant control

- Mr John Ajagbe — owns 50–75% of shares, since 2019-05-23
- Miss Faith Ajagbe — owns 50–75% of shares, since 2019-05-23

---
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/12013160
HTML: https://firmoscan.com/company/12013160-goodnews-property-development-ltd