# SATSUMA PROPERTY LTD (12877441)

> SATSUMA PROPERTY LTD is an active private limited company (company number 12877441) incorporated on 13 September 2020, registered in London. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest abridged accounts cover the period ending 31 December 2024, showing net assets of −£667k and cash of £555k, with 0 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 20% on the prior period (−£557k).

- Status: Active
- Incorporated: 2020-09-13
- Registered office: London, IG4 5ET
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-09-27
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the bottom quarter of 21,394 comparable companies in Greater London (median £2, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£667k | £555k | £8,500 | £4.90m | — | — | 0 |
| 2023-12-31 | −£557k | £513k | £1,810 | £4.74m | — | — | — |

current ratio 0.11; size band micro.

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

- Net assets below zero: Net assets £-666,715 at 31 December 2024
- Current assets below creditors within one year: Current ratio 0.11
- Cash at bank of £50,000 or more: Cash £554,948
- Incorporated five or more years ago: Incorporated 13 September 2020
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Shmile Khan — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-09-13

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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/12877441
HTML: https://firmoscan.com/company/12877441-satsuma-property-ltd