Founded in 2017, Paal Property Development, classified under reg no. 10594693 is an active company. Currently registered at 32 Forest Road BN14 9NB, Worthing the company has been in the business for seven years. Its financial year was closed on February 28 and its latest financial statement was filed on 2023/02/28.
Currently there are 2 directors in the the firm, namely Angela G. and Alice G.. In addition one secretary - Lillie G. - is with the company. As of 20 April 2024, there was 1 ex director - Peter G.. There were no ex secretaries.
| Office Address | 32 Forest Road |
| Town | Worthing |
| Post code | BN14 9NB |
| Country of origin | United Kingdom |
| Registration Number | 10594693 |
| Date of Incorporation | Wed, 1st Feb 2017 |
| Industry | Buying and selling of own real estate |
| End of financial Year | 28th February |
| Company age | 7 years old |
| Account next due date | Sat, 30th Nov 2024 (224 days left) |
| Account last made up date | Tue, 28th Feb 2023 |
| Next confirmation statement due date | Tue, 23rd Jan 2024 (2024-01-23) |
| Last confirmation statement dated | Mon, 9th Jan 2023 |
Position: Director
Appointed: 01 February 2017
Position: Secretary
Appointed: 01 February 2017
Position: Director
Appointed: 01 February 2017
The list of persons with significant control that own or have control over the company is made up of 4 names. As BizStats researched, there is Alice G. The abovementioned PSC has 25-50% voting rights and has 25-50% shares. Another entity in the PSC register is Lillie G. This PSC owns 25-50% shares and has 25-50% voting rights. The third one is Peter G., who also fulfils the Companies House criteria to be categorised as a person with significant control. This PSC owns 25-50% shares and has 25-50% voting rights.
Alice G.
| Notified on | 2 January 2020 |
| Nature of control: |
25-50% voting rights right to appoint and remove directors 25-50% shares |
Lillie G.
| Notified on | 2 January 2020 |
| Nature of control: |
25-50% voting rights right to appoint and remove directors 25-50% shares |
Peter G.
| Notified on | 1 February 2017 |
| Ceased on | 2 January 2020 |
| Nature of control: |
25-50% voting rights right to appoint and remove directors 25-50% shares |
Angela G.
| Notified on | 1 February 2017 |
| Ceased on | 2 January 2020 |
| Nature of control: |
25-50% voting rights right to appoint and remove directors 25-50% shares |
| Profit & Loss | |||||||
|---|---|---|---|---|---|---|---|
| Accounts Information Date | 2018-02-28 | 2019-02-28 | 2020-02-29 | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-29 |
| Balance Sheet | |||||||
| Cash Bank On Hand | 113 621 | 2 207 | 18 882 | 12 646 | 6 124 | 16 034 | 16 890 |
| Current Assets | 117 149 | 18 431 | 23 826 | 35 930 | 14 332 | 20 018 | 45 482 |
| Debtors | 3 528 | 16 224 | 4 944 | 23 284 | 8 208 | 3 984 | 28 592 |
| Other Debtors | 17 500 | 22 904 | |||||
| Other | |||||||
| Additions Other Than Through Business Combinations Investment Property Fair Value Model | 776 853 | 181 936 | 111 036 | ||||
| Average Number Employees During Period | 3 | 3 | 3 | 3 | 3 | 3 | 2 |
| Creditors | 28 158 | 600 755 | 425 436 | 321 502 | 353 811 | 331 024 | 254 103 |
| Disposals Property Plant Equipment | 9 000 | ||||||
| Investment Property | 776 853 | 776 853 | 776 853 | 958 789 | 1 069 825 | 1 069 825 | |
| Investment Property Fair Value Model | 776 853 | 776 853 | 776 853 | 958 789 | 1 069 825 | ||
| Net Current Assets Liabilities | 88 991 | -582 324 | -401 610 | -285 572 | -339 479 | -311 006 | -208 621 |
| Other Creditors | 500 | 566 319 | 364 197 | 289 206 | 316 828 | 296 502 | 211 250 |
| Other Taxation Social Security Payable | 27 658 | 34 436 | 61 239 | 32 296 | 36 983 | 34 522 | 42 853 |
| Total Additions Including From Business Combinations Property Plant Equipment | 9 000 | ||||||
| Total Assets Less Current Liabilities | 88 991 | 194 529 | 375 243 | 491 281 | 619 310 | 758 819 | 861 204 |
| Trade Debtors Trade Receivables | 3 528 | 16 224 | 4 944 | 5 784 | 8 208 | 3 984 | 5 688 |
| Type | Category | Free download | |
|---|---|---|---|
| CS01 |
Confirmation statement with no updates 2024/01/05 filed on: 5th, January 2024 |
confirmation statement | Free Download (3 pages) |
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