# Swansea Development Spv 1 Ltd

## Details

- **Company number:** [12210599](https://find-and-update.company-information.service.gov.uk/company/12210599)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 17 Sep 2019
- **Registered office:** 5 DYFFRYN COURT, RIVERSIDE BUSINESS PARK, SWANSEA, SA7 0AP
- **Nature of business:** [41100](/sic/41100) Development of building projects
- **Corporate group:** [Property Brothers Ltd](/group/8230) (20 companies)



## Officers

| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PAYNE, Dorian Ronnie | director | 17 Sep 2019 |  |
| MINTON, Kenneth | director | 20 Dec 2019 | 13 Jan 2022 |
| TRIPLE M&B LIMITED | corporate-director | 17 Sep 2019 | 20 Dec 2019 |



## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Mr Dorian Ronnie Payne | ownership-of-shares-25-to-50-percent, voting-rights-25-to-50-percent | 17 Sep 2019 |  |
| Castell Group Ltd | significant-influence-or-control, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 17 Sep 2019 |  |



## Accounts

| Year ended | Net assets | Cash | Employees |
|---|---|---|---|
| 28 Sep 2025 | -£13,585 | - | 0 |
| 28 Sep 2023 | £7,387 | - | 0 |
| 30 Sep 2022 | -£5,018 | £4,217 | 2 |
| 30 Sep 2021 | -£3,906 | £7 | 2 |
| 30 Sep 2020 | -£1,499 | £22,650 | 2 |



## Owned by

Swansea Development Spv 1 Ltd → [Castell Group Ltd](/company/11990055) → [Property Brothers Ltd](/company/10532753)




## Directors' other companies

- [PAYNE, Dorian Ronnie](/person/6323263) - director at [Castell Construction Ltd](/company/12318620)
- [PAYNE, Dorian Ronnie](/person/6323263) - director at [Castell Developments (Social Housing) Ltd](/company/13139760)
- [PAYNE, Dorian Ronnie](/person/6323263) - director at [Pontypridd Developments Spv 1 Ltd](/company/12891673)



## Companies at the same address

- [Carmarthenshire Developments Spv 1 Ltd](/company/14134951) (14134951)
- [TP Rhythm Spv Ltd](/company/11615119) (11615119)