The Firmwatch take
Blast Properties Number 2 Ltd is a 11-year-old construction main contractors, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show GBP 1 in net assets, with 2 cautionary signals worth monitoring. Most recent public risk event: first gazette notice.
Refreshed 24 May 2026
1 public risk event on file
Incorporated
21 April 2015
11 years on the register
Sector
Development of building projects
SIC 41100
Size
Not classified
Net assets
£1
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Risk events · monitored daily
1 event on the watchtower
- 8 Jul 2024
First gazette notice
London Gazette
Get alerted on any new event
If a new Gazette notice, insolvency filing or court order is published for Blast Properties Number 2 Ltd, we'll email you once.
Money
What the balance sheet says
Net assets
£1
Bottom 30% in sector · sector median £1k · 86,521 filers in this sector
Cash
Not disclosed
Working cap.
−£4k
Median £4k
Current ratio
0.9×
Median 1.1×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · EX39 2AT
306 other UK companies registered at this postcode.
Active
292
Dissolved
2
Strike-off action
10
Sector benchmark · Construction Main Contractors
How this company compares in 86,521 filers in this sector
Bottom 30% in sector — Blast Properties Number 2 Ltd shows £1 in net assets. Sector median is £1k.
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.
Recent activity
Filings and risk events
- 08 Jul 2024First gazette notice
People
Who runs this company
- SR
SAWYER, Robert Harvey
director · since 2015
Registered office
Address intelligence
306 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.