The Firmwatch take
St Michaels UK Propco 2 Limited is a 4-year-old construction main contractors, active on the Companies House register. The latest filed accounts (year to 30 March 2025) show -GBP 1.9m in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
22 March 2022
4 years on the register
Sector
Development of building projects
SIC 41100
Size
Not classified
Net assets
−£1.9m
Bottom 10% 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.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£1.9m
Bottom 10% in sector · sector median £2k · 107,423 filers in this sector
Cash
Not disclosed
Working cap.
£16m
Median £4k
Current ratio
1.5×
Median 1.2×
Signals · 1
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Sector benchmark · Construction Main Contractors
How this company compares in 107,423 filers in this sector
Bottom 10% in sector — St Michaels UK Propco 2 Limited shows −£1.9m 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.
Address pattern · M5 4ZG
264 other UK companies registered at this postcode.
Active
260
Dissolved
1
Strike-off action
3
People
Who runs this company
- NG
NEVILLE, Gary Alexander
director · since 2022
Registered office
Address intelligence
264 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.