The Firmwatch take
Piml Properties Limited (08209820) currently shows: Watch signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Current ratio below 1.0 — extracted from the latest filed accounts.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
11 September 2012
13 years on the register
Sector
Other business support service activities n.e.c.
SIC 82990
Size
Not classified
Net assets
£3
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Thin net asset buffer
The company reports a small visible net asset position.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
£3
Bottom 30% in sector · sector median £2k · 185,966 filers in this sector
Cash
Not disclosed
Working cap.
£18k
Median £4k
Current ratio
0.0×
Median 1.3×
Signals · 2
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · WC2A 1LS
555 other UK companies registered at this postcode.
Active
532
Dissolved
10
Strike-off action
13
Sector benchmark · Property and Support Services
How this company compares in 185,966 filers in this sector
Bottom 30% in sector — Piml Properties Limited shows £3 in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- MD
MORRISON, David John
director · since 2012
Registered office
Address intelligence
555 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.