- Companies
- Property developers
- Glasgow
- Property Asset Developments Ltd
Property Asset Developments Ltd
- Company number
- SC622845
- Incorporated
- 28 Feb 20197 years trading
- Registered office
- 2 Victoria Place, Rutherglen, Glasgow, G73 2JP
- Nature of business
- Development of building projects
Property Asset Developments Ltd is a 7-year-old private limited company registered in Glasgow, company number SC622845, one of 795 property development companies in Glasgow. Its next accounts are due at Companies House on 30 November 2026, and the CT600 for the period to 28 February 2026 is due at HMRC on 28 February 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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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 down £3,261 (-21.7%) on the year before, to -£18K.
- Net assets rose in 0 of 5 year-on-year comparisons on record.
- 2 employees on average during the year.
- Balance sheets on record for 6 years, 2020 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 28 Feb 2025 | -£18K | £13K | £31K | 2 | |
| 29 Feb 2024 | -£15K | £37K | £37K | £43K | 2 |
| 28 Feb 2023 | -£14K | £1,289 | £51K | £48K | 2 |
| 28 Feb 2022 | -£9,668 | £1,418 | £51K | £37K | 2 |
| 28 Feb 2021 | -£5,010 | £162 | £50K | £24K | 2 |
| 29 Feb 2020 | £100 | £100 | 2 |
Where Property Asset Developments Ltd is registered
The registered office is in Glasgow (G73), in the South Lanarkshire local authority area, Scotland. Show G73 2JP on a map.
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8 other companies use the same registered office as Property Asset Developments Ltd.
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What happens if Property Asset Developments Ltd 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 30 November 2026.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Dec 2026 to 31 Dec 2026 | £150 |
| 1 to 3 months late | 1 Jan 2027 to 28 Feb 2027 | £375 |
| 3 to 6 months late | 1 Mar 2027 to 31 May 2027 | £750 |
| More than 6 months late | From 1 Jun 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Mar 2027 | £200 |
| 3 months late | 28 May 2027 | another £200 |
| 6 months late | 28 Aug 2027 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 28 Feb 2028 | another 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
- SC622845
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 28 February 2019 (7 years ago)
- Registered office
- 2 Victoria Place, Rutherglen, Glasgow, G73 2JP
- Nature of business
- Development of building projects (SIC 41100)
- Year end
- 28 February (accounting reference date)
- Accounts type
- Total exemption (full)
- Last accounts made up to
- 28 February 2025
- Last confirmation statement
- 27 February 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 Glasgow
Other active property development companies registered in Glasgow.
- Quadrant Property Company Limited1947
- Quantum Ai Acquisitions Ltd2024
- Quantum Property Improvements (Scotland) Ltd2024
- R & M Renovation Group Limited2025
- R Macneil Builders Ltd2024
- R&M Property Partners Ltd2026
- R.W.G. Securities Limited1964
- Raac Developments Perth Ltd2019
All property development companies in Glasgow · All trades in Glasgow · Property developers across the UK
Frequently asked questions
When are Property Asset Developments Ltd's accounts due?
Property Asset Developments Ltd's next accounts are due at Companies House by 30 November 2026 (in 49 days), covering the period to 28 February 2026.
When is Property Asset Developments Ltd's CT600 due?
The CT600 for the period to 28 February 2026 is due at HMRC by 28 February 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 December 2026.
Is Property Asset Developments Ltd still trading?
Property Asset Developments Ltd 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 Property Asset Developments Ltd do?
Property Asset Developments Ltd is registered under Development of building projects (SIC 41100).
How old is Property Asset Developments Ltd?
Property Asset Developments Ltd was incorporated on 28 February 2019, 7 years ago.
What is the penalty if Property Asset Developments Ltd 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 Property Asset Developments Ltd on Companies House for filed documents, officers and the full history.
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.