# PROSPECT PROPERTIES (NE) LTD (13234641)

> PROSPECT PROPERTIES (NE) LTD is an active private limited company (company number 13234641) incorporated on 1 March 2021, registered in Whitley Bay. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£39k and cash of £2,520, with 0 employees on average. Net assets rose 9% on the prior period (−£43k).

- Status: Active
- Incorporated: 2021-03-01
- Registered office: Whitley Bay, NE25 9UT
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- SIC 68320: Management of real estate on a fee or contract basis
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-15
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 2,416 comparable companies in Newcastle (median £1, upper quartile £11k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£39k | £2,520 | — | £96k | — | — | 0 |
| 2024-03-31 | −£43k | £2,325 | — | £100k | — | — | 0 |

current ratio 0.03; size band micro.

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

- Net assets below zero: Net assets £-39,396 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.03
- Incorporated five or more years ago: Incorporated 1 March 2021

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

## Persons with significant control

- Mr Nicholas Derek Shilling — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-03-01
- Mr Ross Mclean — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-03-01
- Mr Martin James Barker — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-03-01

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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/13234641
HTML: https://firmoscan.com/company/13234641-prospect-properties-ne-ltd