PRADERA LATERAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-04 (in 10mo)
Last made up 2026-02-18
Watchouts
None on the register
Cash
£185K
-7.5% vs 2023
Net assets
£422K
-30.4% vs 2023
Employees
36
+71.4% vs 2023
Profit before tax
£98K
-75.2% vs 2023
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £8,090,303 | £9,009,845 | |
| Operating profit | — | £395,124 | £90,879 | |
| Profit before tax | — | £395,257 | £98,071 | |
| Net profit | — | £296,372 | £65,857 | |
| Cash | — | £200,277 | £185,203 | |
| Total assets less current liabilities | — | £606,136 | £444,823 | |
| Net assets | — | £606,136 | £421,993 | |
| Equity | £309,764 | £606,136 | £421,993 | |
| Average employees | — | 21 | 36 | |
| Wages | — | £1,927,168 | £3,685,780 | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+11.4%
£8,090,303 £9,009,845
-
Cash
-7.5%
£200,277 £185,203
-
Net assets
-30.4%
£606,136 £421,993
-
Employees
+71.4%
21 36
-
Operating profit
-77%
£395,124 £90,879
-
Profit before tax
-75.2%
£395,257 £98,071
-
Wages
+91.3%
£1,927,168 £3,685,780
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 4.9% | 1.0% | |
| Net margin | — | 3.7% | 0.7% | |
| Return on capital employed | — | 65.2% | 20.4% | |
| Current ratio | — | 1.35x | 1.15x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- PRADERA LATERAL LIMITED 2020-05-20 → present
- PRADERA ASIA (UK) LIMITED 2010-03-09 → 2020-05-20
- PRADERA ASIA LIMITED 2010-02-18 → 2010-03-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's cash flows are monitored on a regular basis and forecasted annually a minimum of 12 months ahead from the date of these financial statements, to ensure sufficient liquidity. Borrowing facilities have not been required to date. After reviewing the Company's trading position and these forecasts, the directors believe that the Company has adequate resources to continue in operational existence for at least the 12 months from the signing of these financial statements and for this reason, the directors continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Over the last year, assets under management grew to 8.6 million sq ft (2023: 5 million sq ft).”
- “On 8 April 2025, the Company entered into an agreement to provide asset management services to Pradera Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| QUINN, Scott Philip | Secretary | 2021-06-01 | — | — |
| BRIGGS, Marcus Hugh | Director | 2020-06-05 | Sep 1976 | British |
| CAMPBELL, Colin John Colquhoun | Director | 2020-06-05 | Feb 1956 | English |
| COX, Barry Stuart | Director | 2020-06-05 | Aug 1977 | British |
| EVANS, Rhys Maelgwyn | Director | 2020-06-05 | Apr 1984 | British |
| LUNN, Philip Duncan | Director | 2020-06-05 | Feb 1973 | British |
| REDSHAW, Steven James | Director | 2020-06-05 | Jun 1974 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASSER, Simone Rachel | Director | 2015-11-27 | 2020-06-05 |
| BURY, James Robert Andrew | Director | 2013-11-04 | 2015-04-08 |
| CAMPBELL, Colin John Colquhoun | Director | 2010-02-18 | 2013-11-04 |
| QUINN, Scott Philip | Director | 2010-02-18 | 2020-06-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lateral Asset Management Llp | Corporate entity | Shares 25–50%, Voting 25–50% | 2021-01-12 | Active |
| Pradera Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 78 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-02-05 MA Memorandum articles
- 2021-02-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-12 | AA | accounts | Accounts with accounts type small | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | CH01 | officers | Change person director company with change date | |
| 2023-10-06 | AA | accounts | Accounts with accounts type small | |
| 2023-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-06 | AA | accounts | Accounts with accounts type small | |
| 2022-02-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-30 | AA | accounts | Accounts with accounts type dormant | |
| 2021-06-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-03-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-03-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-02-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-02-09 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-02-08 | SH01 | capital | Capital allotment shares | |
| 2021-02-05 | MA | incorporation | Memorandum articles | |
| 2021-02-05 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.