# SHEERLINE PROPERTY DEVELOPMENTS LIMITED (12706024)

> SHEERLINE PROPERTY DEVELOPMENTS LIMITED is an active private limited company (company number 12706024) incorporated on 30 June 2020, registered in Torpoint. Its registered activity is construction of commercial buildings (SIC 41201). Latest micro accounts cover the period ending 30 June 2025, showing net assets of −£7,557, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 2491% on the prior period (£316).

- Status: Active
- Incorporated: 2020-06-30
- Registered office: Torpoint, PL11 3HA
- SIC 41201: Construction of commercial buildings
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-07-14
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 3,181 comparable companies in Other (median £11k, upper quartile £102k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | −£7,557 | — | — | £33k | — | — | 2 |
| 2024-06-30 | £316 | — | — | £22k | — | — | 2 |

current ratio 0.78; size band micro.

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

- Net assets below zero: Net assets £-7,557 at 30 June 2025
- Net assets down 25% or more on the prior period: -2491.5% vs prior period
- Current assets below creditors within one year: Current ratio 0.78
- Incorporated five or more years ago: Incorporated 30 June 2020

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

## Persons with significant control

- Mr Stephen John Clements — has significant influence or control, since 2020-06-30

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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/12706024
HTML: https://firmoscan.com/company/12706024-sheerline-property-developments-limited