# NETWORTH PROPERTIES LTD (16042364)

> NETWORTH PROPERTIES LTD is an active private limited company (company number 16042364) incorporated on 25 October 2024, registered in Oldham. Its registered activity is residents property management (SIC 98000). Latest abridged accounts cover the period ending 31 October 2025, showing net assets of £638 and cash of £255, with 0 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public.

- Status: Active
- Incorporated: 2024-10-25
- Registered office: Oldham, OL4 3NY
- SIC 98000: Residents property management
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-08
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the upper half of 3,063 comparable companies in Manchester (median £12, upper quartile £3,581).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £638 | £255 | £883 | £500 | — | — | 0 |

current ratio 2.28; size band micro.

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

- Net assets above zero: Net assets £638 at 31 October 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.28
- Incorporated less than two years ago: Incorporated 25 October 2024; no accounts due yet

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

## Persons with significant control

- Mr Abolore Oladimeji Somoye — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-10-25

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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/16042364
HTML: https://firmoscan.com/company/16042364-networth-properties-ltd