# PAYNE & SONS PROPERTY LTD (12470053)

> PAYNE & SONS PROPERTY LTD is an active private limited company (company number 12470053) incorporated on 18 February 2020, registered in Sunderland. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 28 February 2025, showing net assets of £11k and cash of £4,281, with 2 employees on average. Net assets rose 524% on the prior period (£1,769).

- Status: Active
- Incorporated: 2020-02-18
- Registered office: Sunderland, SR5 1QS
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 3,228 comparable companies in Newcastle (median £1, upper quartile £18k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £11k | £4,281 | — | — | — | — | 2 |
| 2024-02-29 | £1,769 | £2,011 | — | — | — | — | 2 |

size band micro.

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

- Net assets above zero: Net assets £11,037 at 28 February 2025
- Net assets up 10% or more on the prior period: +523.9% vs prior period
- Incorporated five or more years ago: Incorporated 18 February 2020

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

## Persons with significant control

- Mr David Lee Payne — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2020-02-18
- Mrs Rachel Alice Payne — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2020-02-18

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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/12470053
HTML: https://firmoscan.com/company/12470053-payne-sons-property-ltd