# NIPA PROPERTY LTD (15078392)

> NIPA PROPERTY LTD is an active private limited company (company number 15078392) incorporated on 17 August 2023, registered in Spalding. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£12k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 7% on the prior period (−£11k).

- Status: Active
- Incorporated: 2023-08-17
- Registered office: Spalding, PE12 6DA
- SIC 41100: Development of building projects
- 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: 2027-08-31
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 13,669 comparable companies in Other (median £609, upper quartile £72k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | −£12k | — | — | £198 | — | — | 0 |
| 2024-08-31 | −£11k | — | — | £338 | — | — | 0 |

current ratio 6.22; size band micro.

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

- Net assets below zero: Net assets £-12,224 at 31 August 2025
- Current assets at least 1.5× creditors within one year: Current ratio 6.22
- Incorporated two to five years ago: Incorporated 17 August 2023

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

## Persons with significant control

- Mr Paul Richard Smith — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-08-17

---
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/15078392
HTML: https://firmoscan.com/company/15078392-nipa-property-ltd