# JENRADE PROPERTY LTD (SC691131)

> JENRADE PROPERTY LTD is an active (proposal to strike off) private limited company (company number SC691131) incorporated on 4 March 2021, registered in Glasgow. Its registered activity is repair of furniture and home furnishings (SIC 95240). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £2,235 and cash of £1,633, with 0 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 57% on the prior period (£1,428). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active - Proposal to Strike off
- Incorporated: 2021-03-04
- Registered office: Glasgow, G31 5DB
- SIC 95240: Repair of furniture and home furnishings
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-18
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the upper half of 638 comparable companies in the UK (median £1,202, upper quartile £10k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £2,235 | £1,633 | £2,455 | £2,249 | — | — | 0 |
| 2024-03-31 | £1,428 | £842 | £4,305 | £4,202 | — | — | 0 |
| 2023-03-31 | £690 | £0 | £738 | £637 | — | — | 0 |

current ratio 1.82; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £2,235 at 31 March 2025
- Net assets up 10% or more on the prior period: +56.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.82
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 4 March 2021
- Register status is not Active: Active - Proposal to Strike off

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

## Persons with significant control

- Timothy Adetayo Okusanya — owns 75–100% of shares, since 2021-03-04

---
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/SC691131
HTML: https://firmoscan.com/company/SC691131-jenrade-property-ltd