Longford Property Limited
- Small
- Active
- 9 years
- 2 employees
- £190,413 (assets)
- Virtual address
- 2 directors
- 2 owners
- Irregular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Longford Property Limited is a small, active company based in Macclesfield, UK, founded nine years ago in 2015. It operates with two employees and holds £190,413 in assets. The company’s registered address is likely virtual, as 240 other companies share the same location. It's a family business with two directors and two owners, Press Mark and Press Andrea, who also serve as directors. Longford Property is an irregular importer, primarily dealing in headgear and accessories, with just one month of import activity recorded as of March 2020.
The company’s website, Longford Property, focuses on property development in the Northwest. It describes itself as a diverse company with a goal to build, manage, and invest in quality developments across multiple sectors. The site highlights services including property development, land requirements, and contact information, and is designed by Innovation Design Manchester. It also uses WordPress and Blossom Themes, and has a privacy overview that uses cookies.
Financially, Longford Property Limited presents a mixed picture. Current assets have decreased significantly by 60% to £190,000, while net assets have fallen 7.4% to £670,000. Bank borrowings have decreased, with overdrafts down 41%, and creditors have also decreased by 48%. However, trade debtors have increased dramatically by 170%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in assets and increase in debtors warrants attention. There is no auditor mentioned, likely due to the company's small size and exemption from an audit.
Overall, Longford Property Limited appears to be navigating a period of financial adjustment, with its property development focus and family ownership providing a foundation for future growth, although the increase in debtors is something to keep an eye on.
Registered in England/Wales under the registration number 09835778, with a registered address at SK10 1BX, United Kingdom, Macclesfield, Cheshire, Westminster House, 10 Westminster Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 2
-
Resident of United Kingdom
-
Individual
- 9 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-02-29Download 8 pages pdf report
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Confirmation statement made on 2024-11-10 with no updatesDownload 3 pages pdf report
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Appointment of Mr Mark Press as a director on 2024-07-04Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Longford Property Limited
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