San Agostino Properties Ltd

San Agostino Properties Ltd is a small, holding company registered in Glasgow, UK, with an active status. Founded four years ago in November 13, 2020, the company holds £136,615 in assets and employs just two people. It’s headed by one director and owner, and operates from a virtual address shared by 577 other companies. Accounts are currently overdue by eight months. The company’s primary activity involves letting and operating its own or leased real estate. It also irregularly imports iron or steel products, with the last import operation occurring two months ago.

The company’s website is non-existent, so it’s difficult to gauge its online presence or sales strategy. Without a website, it’s likely San Agostino Properties Ltd focuses on managing its existing property portfolio rather than actively seeking new tenants or properties online.

Financially, San Agostino Properties Ltd presents a mixed picture. Current assets have decreased by 19% to £140,000, while net current assets liabilities have improved by 25% to -£510,000. Creditors have significantly decreased by 79%, which is a positive sign, suggesting improved debt management. However, cash bank on hand has increased by 59% to £600, and equity has grown by 75% to £130,000. 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 decrease in current assets and the negative net current assets liabilities suggest potential cash flow challenges. With no auditor mentioned, the financial statements are unaudited. The increase in equity, however, could be due to retained earnings or other factors not immediately apparent. The company’s financial data indicates a period of transition, possibly reflecting adjustments to its business model or property portfolio.

Registered in Scotland under the registration number SC680908, with a registered address at G1 3NQ, Scotland, Glasgow, 6th Floor Gordon Chambers, 90 Mitchell Street.

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