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Pu Properties (Salford) Ltd

10292549

active
ltd
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

12th Floor Aldgate Tower, 2 Leman Street, London, E1W 9US
Incorporated 22/07/2016

Compliance

Last accounts

30/04/2025

full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 25/07/2025

Due 08/08/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

William Frederick Bennett

secretary · Since 22/07/2016

David Alan Pears

director · Since 22/07/2016

British · England · Age 58

Mark Andrew Pears

director · Since 22/07/2016

British · England · Age 63

Julian Peter Curnuck

director · Since 29/07/2016

British · England · Age 57

Nathan James Cornish

director · Since 24/10/2024

British · England · Age 51

Former

Graham Michael Cowan

director · Resigned 22/07/2016

Trevor Steven Pears

director · Resigned 09/02/2024

Tom Bloxham

director · Resigned 24/10/2024

Persons with Significant Control

Pears Property Ventures Limited

25–50% shares
25–50% votes
Appoint directors

12th Floor, Aldgate Tower, London, E1W 9US

Reg: 9740570 · Companies House · Limited By Shares

Notified 29/07/2016

Urban Splash Assets 2 Limited

25–50% shares
25–50% votes

16-22, Worsley Street, Manchester, M15 4LD

Reg: 08337884 · Companies House · Corporate

Notified 29/07/2016

Former PSCs

Mr Graham Michael Cowan

Ceased 22/07/2016

Charges5 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 28/10/2024Registered 28/10/2024
Charge
outstanding

HANDELSBANKEN PLC

Created 28/10/2024Registered 28/10/2024
Charge
outstanding

WPG FINANCE LIMITED

Created 12/03/2020Registered 19/03/2020
Charge
outstanding

URBAN SPLASH ASSETS 2 LIMITED

Created 12/03/2020Registered 19/03/2020
Charge
satisfied

SANTANDER UK PLC

Created 08/11/2019Registered 19/11/2019Satisfied 04/11/2024
Charge
outstanding

WPG FINANCE LIMITED

Created 29/07/2016Registered 02/08/2016

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line112th Floor Aldgate Tower
2026-06-09

12TH FLOOR ALDGATE TOWER

post townLondon
2026-06-09

LONDON

officer appointedBENNETT, William Frederick
2026-06-09
officer appointedCORNISH, Nathan James
2026-06-09
officer appointedCURNUCK, Julian Peter
2026-06-09
officer appointedPEARS, David Alan
2026-06-09
officer appointedPEARS, Mark Andrew
2026-06-09

CompanyRankvs 92764+ SIC 68100 peers
26

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. However, because not all future events or conditions can be predicted this statement is

Key FinancialsYear ending 30/04/2025

Turnover

£857k

Annual revenue

Net Worth

-£3.6M

Balance sheet strength

Cash

£386k

Cash in the bank

Profit Before Tax

-£357k

Bottom line earnings

Net Current Assets

-£803k

Working capital

Current Assets

£5.5M

Current Liabilities

£6.4M

Debtors

£164k

Cost of Sales

£652k

Gross Profit

£205k

Admin Expenses

£15k

Operating Profit

£104k

Profit After Tax

-£357k

4avg. employees-1

Balance Sheet

Assets less current liabilities-£803k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87-£357k
20240.64-£1.8M
20231.36-£40k
20221.39+£62k
20211.42-£47k
20201.48-£309k
20190.85

Derived from filed accounts. Not audited figures.