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  4. Lakes Property Limited

Lakes Property Limited

ActiveTotal exemption (full) accountsProperty developersDownham Market
Company number
07238566
Incorporated
29 Apr 201016 years trading
Registered office
First Floor 12 ST Johns Way, ST Johns Business Estate, Downham Market, Norfolk, PE38 0QQ
Nature of business
Development of building projects; Buying and selling of own real estate; Other letting and operating of own or leased real estate
Accounts due in
80 days
31 Dec 2026
Net assets
£284K▲
+15.6% on the year before
Cash at bank
£128K▲
At 31 Mar 2025
Employees
1
Average during the year
From the Companies House register, 1 Oct 2026

Lakes Property Limited is a 16-year-old private limited company registered in Downham Market, company number 07238566, one of 24 property development companies in Downham Market. Its next accounts are due at Companies House on 31 December 2026, and the CT600 for the period to 31 March 2026 is due at HMRC on 31 March 2027.

Key dates

Worked out from the year end and filing history on the Companies House register.

Accounts due
31 Dec 2026
in 80 days
For the period to 31 Mar 2026
CT600 due
31 Mar 2027
in 170 days
Period 1 Apr 2025 to 31 Mar 2026
Corporation tax payment
1 Jan 2027
in 81 days
9 months and 1 day after the period end
Confirmation statement
14 Apr 2027
in 184 days
Last made up to 31 Mar 2026

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Finances

From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.

  • Net assets up £38K (+15.6%) on the year before, to £284K.
  • Net assets rose in 9 of 9 year-on-year comparisons on record.
  • Current assets of £129K against £604K owed within a year: 0.2 times cover.
  • 1 employee on average during the year.
  • Balance sheets on record for 10 years, 2016 to 2025.

Net assets by year

Net assets at each year end, 2016 to 2025£0£100K£200K31 March 2016: net assets £127K£127K201631 March 2017: net assets £145K£145K201731 March 2018: net assets £158K£158K201831 March 2019: net assets £172K£172K201931 March 2020: net assets £178K£178K202031 March 2021: net assets £185K£185K202131 March 2022: net assets £207K£207K202231 March 2023: net assets £222K£222K202331 March 2024: net assets £246K£246K202431 March 2025: net assets £284K£284K2025
Net assets at each year end, 2016 to 2025£0£100K£200K31 March 2016: net assets £127K£127K'1631 March 2017: net assets £145K£145K'1731 March 2018: net assets £158K£158K'1831 March 2019: net assets £172K£172K'1931 March 2020: net assets £178K£178K'2031 March 2021: net assets £185K£185K'2131 March 2022: net assets £207K£207K'2231 March 2023: net assets £222K£222K'2331 March 2024: net assets £246K£246K'2431 March 2025: net assets £284K£284K'25
Year endNet assetsCashCurrent assetsOwed within a yearEmployees
31 Mar 2025£284K£128K£129K£604K1
31 Mar 2024£246K£85K£85K£599K1
31 Mar 2023£222K£63K£63K£601K0
31 Mar 2022£207K£45K£49K£602K1
31 Mar 2021£185K£23K£24K£599K1
31 Mar 2020£178K£27K£27K£599K1
31 Mar 2019£172K£74K£74K£653K1
31 Mar 2018£158K£64K£64K£657K1
31 Mar 2017£145K£49K£49K£654K
31 Mar 2016£127K£29K£30K£653K

Where Lakes Property Limited is registered

Lakes Property Limited's registered office on a map of the UK

The registered office is in Downham Market (PE38), in the King's Lynn and West Norfolk local authority area, East of England. Show PE38 0QQ on a map.

Other trade companies in PE38

Also registered at this address

8 other companies use the same registered office as Lakes Property Limited.

What happens if Lakes Property Limited files late

Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 31 December 2026.

Companies HouseAccounts deliveredPenalty
Up to 1 month late1 Jan 2027 to 31 Jan 2027£150
1 to 3 months late1 Feb 2027 to 31 Mar 2027£375
3 to 6 months late1 Apr 2027 to 30 Jun 2027£750
More than 6 months lateFrom 1 Jul 2027£1,500

Penalties double if the accounts were also late the year before.

HMRC (CT600)FromPenalty
1 day late1 Apr 2027£200
3 months late30 Jun 2027another £200
6 months late30 Sep 2027HMRC estimates the tax and adds 10% of the unpaid tax
12 months late31 Mar 2028another 10% of any unpaid tax

For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.

Company details

As held on the Companies House register.

Company number
07238566
Status
Active
Company type
Private limited company
Incorporated
29 April 2010 (16 years ago)
Registered office
First Floor 12 ST Johns Way, ST Johns Business Estate, Downham Market, Norfolk, PE38 0QQ
Nature of business
Development of building projects (SIC 41100)
Buying and selling of own real estate (SIC 68100)
Other letting and operating of own or leased real estate (SIC 68209)
Year end
31 March (accounting reference date)
Accounts type
Total exemption (full)
Last accounts made up to
31 March 2025
Last confirmation statement
31 March 2026

Filing notes for property development companies

Many property development companies are single-project vehicles. Stock of land and buildings sits on the balance sheet as work in progress until sale, and a company that has finished its project may become dormant rather than close.

Similar companies in Downham Market

Other active property development companies registered in Downham Market.

All property development companies in Downham Market · All trades in Downham Market · Property developers across the UK

Frequently asked questions

When are Lakes Property Limited's accounts due?

Lakes Property Limited's next accounts are due at Companies House by 31 December 2026 (in 80 days), covering the period to 31 March 2026.

When is Lakes Property Limited's CT600 due?

The CT600 for the period to 31 March 2026 is due at HMRC by 31 March 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 January 2027.

Is Lakes Property Limited still trading?

Lakes Property Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.

What does Lakes Property Limited do?

Lakes Property Limited is registered under Development of building projects (SIC 41100); Buying and selling of own real estate (SIC 68100); Other letting and operating of own or leased real estate (SIC 68209).

How old is Lakes Property Limited?

Lakes Property Limited was incorporated on 29 April 2010, 16 years ago.

What is the penalty if Lakes Property Limited files its accounts late?

Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.

Official records

View Lakes Property Limited on Companies House for filed documents, officers and the full history.

Report an error on this page

Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.

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