{"name":"TRIPLE WELL PROPERTIES LIMITED","company_number":"14084714","status":"Active","type":"Private Limited Company","incorporated":"2022-05-04","dissolved":null,"registered_office":"Accsol House High Street, Johnstown, Wrexham, Wales, LL14 2SH","postcode":"LL14 2SH","sic_codes":[{"code":68100,"description":"Buying and selling of own real estate"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Micro","year_end":"30 April","last_made_up_to":"2026-04-30","next_due":"2028-01-31"},"employees":{"count":0,"accounts_date":"2026-04-30"},"financials":[{"financial_date":"2026-04-30","net_assets":-48962,"average_employees":0},{"financial_date":"2025-04-30","net_assets":-48259,"average_employees":0},{"financial_date":"2024-04-30","net_assets":-20789,"average_employees":0},{"financial_date":"2023-04-30","net_assets":-82,"cash":129}],"officers":{"current":1,"resigned":0,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":null,"outstanding":null},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Triple Well Properties Limited is a highly leveraged micro-entity property holding vehicle within the UK real estate sector, operating with persistent negative net assets of approximately £49,000 against a £1.8M asset base — representing gearing of over 100%, which significantly exceeds the 60-80% loan-to-value norms typical of the sector. The company's financial trajectory shows deteriorating equity since incorporation, with total liabilities consistently exceeding assets, indicating complete dependence on long-term creditor accommodation and offering no equity buffer against potential property value declines or interest rate increases. Positioned as a niche subsidiary within the Marchwell Properties Limited group structure, this entity is not a competitive market participant but rather a ring-fenced holding vehicle whose viability rests entirely on continued lender support and favorable property market conditions — both of which face increasing uncertainty in the current macroeconomic environment.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/triple-well-properties","people":"https://www.companiesintheuk.co.uk/company/triple-well-properties/people","filing_history":"https://www.companiesintheuk.co.uk/company/triple-well-properties/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/14084714","financials":"https://www.companiesintheuk.co.uk/company/triple-well-properties/financial","control":"https://www.companiesintheuk.co.uk/company/triple-well-properties/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/triple-well-properties/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/triple-well-properties"}