# UPDATE PROPERTIES LIMITED (15041438)

> UPDATE PROPERTIES LIMITED is an active private limited company (company number 15041438) incorporated on 1 August 2023, registered in Wembley. Its registered activity is buying and selling of own real estate (SIC 68100). Latest abridged accounts cover the period ending 31 August 2025, showing net assets of −£30k and cash of £1,641, 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 436% on the prior period (−£5,624).

- Status: Active
- Incorporated: 2023-08-01
- Registered office: Wembley, HA9 8JU
- 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: 2027-05-31
- Confirmation statement due: 2027-08-15
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the lower half of 27,496 comparable companies in Greater London (median £10, upper quartile £16k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | −£30k | £1,641 | £1,500 | £136k | — | — | 0 |
| 2024-08-31 | −£5,624 | £1,281 | — | £120k | — | — | 0 |

current ratio 0.02; size band micro.

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

- Net assets below zero: Net assets £-30,152 at 31 August 2025
- Net assets down 25% or more on the prior period: -436.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.02
- Incorporated two to five years ago: Incorporated 1 August 2023

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

## Persons with significant control

- Mrs Rumina Berisha — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-08-01
- Mr Nik Berisha — owns 25–50% of shares; holds 25–50% of voting rights, since 2025-06-25

---
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/15041438
HTML: https://firmoscan.com/company/15041438-update-properties-limited