# PROPITEER ABBOTS GATE LIMITED (12195518)

> PROPITEER ABBOTS GATE LIMITED is an active private limited company (company number 12195518) incorporated on 9 September 2019, registered in Ipswich. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 28 June 2025, showing net assets of −£5.59m and cash of £2.77m, with 1 employee on average. Net assets fell 344358% on the prior period (−£1,624).

- Status: Active
- Incorporated: 2019-09-09
- Registered office: Ipswich, IP1 3LG
- SIC 41100: Development of building projects
- SIC 41202: Construction of domestic buildings
- SIC 66190: Activities auxiliary to financial intermediation n.e.c.
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-03-28
- Confirmation statement due: 2027-09-23
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 13,669 comparable companies in Other (median £609, upper quartile £72k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-28 | −£5.59m | £2.77m | £8.18m | £3.47m | — | — | 1 |
| 2024-06-28 | −£1,624 | £347k | £7.88m | £3.20m | — | — | 1 |

current ratio 6.28; size band micro.

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

- Net assets below zero: Net assets £-5,593,991 at 28 June 2025
- Net assets down 25% or more on the prior period: -344357.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 6.28
- Cash at bank of £50,000 or more: Cash £2,765,706
- Incorporated five or more years ago: Incorporated 9 September 2019

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

## Persons with significant control

- Propiteer Homes Group Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-09-09

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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/12195518
HTML: https://firmoscan.com/company/12195518-propiteer-abbots-gate-limited