Residents Property Management

Details for Residents Property Management

Companies selecting 98000 are generally saying that their commercial activity falls within residents property management. In plain English, it is likely to include landlords, property investment vehicles, letting operators, estate-owning groups and businesses that manage or trade property assets, with day-to-day activity often involving premises, leases, rental income, asset management, property portfolios and commercial or residential occupation. As of June 2026, 98000 ranks 8th out of 731 five-digit SIC codes, with 153,061 UK companies registered under it, making it one of the most commonly used SIC codes in the UK.

Companies are not limited to a single activity description: Companies House allows up to four SIC codes, so mixed businesses can show this work alongside complementary trading, advisory, production or support activities. The short official label is deliberately compact, so the real-world businesses behind it may describe themselves using broader phrases such as residents property management services, specialist residents property management providers, operators in related supply chains, or companies supporting customers who need this form of commercial activity. In practical terms, the code helps separate this kind of work from neighbouring sectors that may look similar in search results but involve different trading models, assets, customers or regulatory expectations.

It is also useful for analysts, lenders, marketers and public bodies because it gives a consistent way to group companies by declared activity, even though the description is not a licence, approval or guarantee of what a company actually does day to day. A company using this code might be newly incorporated, dormant, small and owner-managed, or part of a larger group, so the SIC entry should normally be read alongside accounts, confirmation statements, websites and other commercial signals. The classification is especially valuable when comparing suppliers, prospecting for customers, segmenting a database, reviewing competition or checking how a company presents its principal line of business on the public record.

Although the wording of modern SIC codes is contemporary, the UK has used Standard Industrial Classification since the 1940s; the Companies House register moved from 4-digit SIC 2003 to the present 5-digit SIC 2007 framework during 2008–2009, aligned to European NACE Rev. 2.

Our Recently Formed marketing database is updated daily on the previous days company activity at Companies House to allow you to find new companies quickly and easily (whereas this categorised page of data counts is updated monthly). We provide the widest choice of filters available for Recently Formed Companies. And its not just Newly Formed companies - We have over 4 million companies - from new starters to companies over 100 years old, able to be filtered geographically or by category, but if you are looking to get in touch with companies within this category, the below table shows how many companies were added to the category, month by month over the last couple of years.