The Firmwatch take
Property118 Ltd is a 9-year-old accountancy and tax, active on the Companies House register. The latest filed accounts (year to 31 July 2025) show GBP 40k in net assets, with no distress signals detected. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Pulse · Net assets, 2024–2025
↗ £418kIncorporated
26 July 2016
9 years on the register
Sector
Tax consultancy
SIC 69203
Size
Not classified
Net assets
£40k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Low insolvency risk
The latest public accounts do not show obvious balance-sheet stress. This does not rule out trading problems, but the filed numbers look comparatively steady.
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Sector benchmark · Accountancy and Tax
How this company compares in 35,602 filers in this sector
Top 10% in sector — Property118 Ltd shows £40k in net assets. Sector median is £4k.
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.
Money
What the balance sheet says
Net assets
£40k
Top 10% in sector · sector median £4k · 35,602 filers in this sector
Cash
Not disclosed
Working cap.
£39k
Median £6k
Current ratio
1.1×
Median 1.6×
Signals · 1
Positive net assets
The latest filed accounts show assets exceeding liabilities.
People
Who runs this company
- PN
PATTERSON, Neil Duncan
director · since 2016
Registered office
Address intelligence
41 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · NR2 4AB
41 other UK companies registered at this postcode.
Active
37
Dissolved
2
Strike-off action
2
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.