# PRINCIPLE RENOVATIONS LTD (13259629)

> PRINCIPLE RENOVATIONS LTD is an active private limited company (company number 13259629) incorporated on 11 March 2021, registered in Guildford. Its registered activity is other construction installation (SIC 43290). Latest micro accounts cover the period ending 31 March 2026, showing net assets of £31k, 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 41% on the prior period (£54k).

- Status: Active
- Incorporated: 2021-03-11
- Registered office: Guildford, GU2 9UB
- SIC 43290: Other construction installation
- SIC 43390: Other building completion and finishing
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-03-25
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 415 comparable companies in Surrey (median £4,245, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £31k | — | — | £28k | — | — | 2 |
| 2025-03-31 | £54k | — | — | £19k | — | — | 2 |

current ratio 3.83; size band micro.

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

- Net assets above zero: Net assets £31,386 at 31 March 2026
- Net assets down 25% or more on the prior period: -41.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.83
- Incorporated five or more years ago: Incorporated 11 March 2021

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

## Persons with significant control

- Mr Thomas Michael Sorfleet — owns 75–100% of shares, since 2021-03-11

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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/13259629
HTML: https://firmoscan.com/company/13259629-principle-renovations-ltd