The Firmwatch take
Toolan Properties Ltd is a 2-year-old real estate, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show -GBP 4k 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
8 December 2023
2 years on the register
Sector
Other letting and operating of own or leased real estate
SIC 68209
Size
Not classified
Net assets
−£4k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
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.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Money
What the balance sheet says
Net assets
−£4k
Bottom 10% in sector · sector median £1k · 248,722 filers in this sector
Cash
Not disclosed
Working cap.
−£141k
Median £0
Current ratio
—
Signals · 2
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Sector benchmark · Real Estate
How this company compares in 248,722 filers in this sector
Bottom 10% in sector — Toolan Properties Ltd shows −£4k 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.
Address pattern · M28 3NJ
387 other UK companies registered at this postcode.
Active
361
Dissolved
11
Strike-off action
15
People
Who runs this company
- TM
TOOLAN, Michael Jeremy
director · since 2023
Registered office
Address intelligence
387 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.