Property Gg Ltd
11017222
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 16/10/2025
Due 30/10/2026
Industry
Officers
Persons with Significant Control
Giacomo Colangelo
Italian · England · Age 54
Chiltern Chambers, St. Peters Avenue, Reading, RG4 7DH
Notified 17/10/2017
Mr Giuseppe Sollami
Italian · United Kingdom · Age 49
Flat 4, Kings Oak Court, Reading, RG1 4PX
Notified 17/10/2017
Charges1 outstanding
LANDBAY PARTNERS LIMITED
Change History
Active
Private Limited Company
CHILTERN CHAMBERS ST. PETERS AVENUE
READING
CompanyRankvs 89037+ SIC 68100 peers23
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/10/2024
Net Worth
-£8k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£40k
Working capital
Current Assets
£2k
Current Liabilities
£42k
Fixed Assets
£164k
Tax at Year End(2020)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.04 | -£3k |
| 2023 | 0.06 | -£2k |
| 2022 | 0.34 | +£1k |
| 2021 | 0.86 | — |
| 2020 | 0.07 | — |
| 2019 | 0.05 | — |
| 2018 | 0.02 | — |
Derived from filed accounts. Not audited figures.