Pinner Real Estate Limited

Pinner Real Estate Limited is a small, active company based in Stanmore, UK, founded two years ago in October 2022. With eight employees and £2,440,516 in assets, it operates from a real address shared by four other companies. The company is led by two directors and owned by Shah Syed Masood Hussain, a solo founder. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with the last import operation occurring in September 2024.

The company’s website showcases its focus on building luxurious homes and offers a range of services, including project management, design, and construction. It highlights successful projects like Buckingham Gate, Hertford Street, and Bushey, demonstrating expertise in residential development. The website also mentions partnerships and emphasizes a commitment to high-quality craftsmanship, and a director who is a professional engineer. The company operates in building projects, completion and finishing, specialised construction activities, and real estate management.

Financially, Pinner Real Estate Limited presents a mixed picture. While its small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, some key figures raise concerns. Creditors remained steady at £2.5 million, while current assets decreased slightly to £2.4 million. Cash reserves were stable at £10,000, and net assets remained negative at -£98,000. Debtors increased to £1.2 million. The significant negative equity suggests the company is relying on credit to operate, and the lack of auditor information (likely exempt as a small company) means the figures are unaudited.

The company's reliance on credit and negative equity is concerning, but its focus on high-end residential projects and commitment to quality may help it navigate these challenges. However, it’s clear that Pinner Real Estate Limited is currently burning through money, and the long-term sustainability of its business model remains to be seen.

Registered in England/Wales under the registration number 14394601, with a registered address at HA7 4AW, England, Stanmore, Suite 145, 28a Church Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.