# PROP IQ LIMITED (12188258)

> PROP IQ LIMITED is an active private limited company (company number 12188258) incorporated on 4 September 2019, registered in Letchworth Garden City. Its registered activity is real estate agencies (SIC 68310). Latest micro accounts cover the period ending 30 September 2025, showing net assets of −£19k, 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 652% on the prior period (£3,415).

- Status: Active
- Incorporated: 2019-09-04
- Registered office: Letchworth Garden City, SG6 3HZ
- SIC 68310: Real estate agencies
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-18
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 259 comparable companies in Hertfordshire (median £3,701, upper quartile £51k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | −£19k | — | — | £26k | — | — | 0 |
| 2024-09-30 | £3,415 | — | — | £22k | — | — | 0 |

current ratio 1.83; size band micro.

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

- Net assets below zero: Net assets £-18,858 at 30 September 2025
- Net assets down 25% or more on the prior period: -652.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.83
- Incorporated five or more years ago: Incorporated 4 September 2019

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

## Persons with significant control

- Mr Ravinder Singh Aujla — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2019-09-04
- Mr Ahmed Khan — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-07-04

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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/12188258
HTML: https://firmoscan.com/company/12188258-prop-iq-limited