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Palmers Scaffolding Uk Limited

00159161

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

BUSINESS AVIATION CENTRE AVIATION PARK, FLINT ROAD, CHESTER, CH4 0GZ
Incorporated 26/09/1919

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

43991
Scaffold erection

Officers

Mr Adam Colin Butt

director · Since 16/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 2 other boards

Mr Colin Charles Butt

director · Since 16/01/2017

CHAIRMAN

BRITISH · UNITED KINGDOM · Age 82

Also on 6 other boards

Mr Paul Bernard Duggan

director · Since 31/01/2026

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Innovative Scaffold Services Limited

75–100% shares
75–100% votes
Appoint directors

Access House, Flint Road, Chester, CH4 0GZ

Reg: 10529260 · Companies House · Limited Company

Notified 01/11/2022

Former PSCs

Mr Donald Joseph Morrison

Ceased 31/01/2021

Mr Lindsay Harle

Ceased 19/03/2021

Mr Colin Charles Butt

Ceased 01/11/2022

Mr Adam Colin Butt

Ceased 01/11/2022

Mr Paul Bernard Duggan

Ceased 01/11/2022

Mr Michael Timothy Carr

Ceased 01/11/2022

Charges3 outstanding

Charge
satisfied

IFW-DEBT LP ACTING BY FWC IFW DEBT GP LIMITED, AS THE GENERAL PARTNER OF IFW-DEBT LP, ACTING BY

Created 22/12/2023Registered 03/01/2024Satisfied 25/03/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/06/2021Registered 01/07/2021Satisfied 20/10/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/05/2020Registered 10/05/2020
Charge
outstanding

COLIN CHARLES BUTT

Created 16/01/2017Registered 20/01/2017
charge
outstanding

FR BRADLEY (FELTHAM) LIMITED

Created 27/01/2011Registered 09/02/2011
charge
satisfied

3I PLC (AS AGENT AND TRUSTEE FOR 3I GROUP PLC AND 3I 94 LMBO PLAN )

Created 29/06/1994Registered 11/07/1994Satisfied 13/10/1999
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/06/1994Registered 06/07/1994Satisfied 13/10/1999
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 29/06/1994Registered 06/07/1994Satisfied 13/10/1999
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 29/06/1994Registered 06/07/1994Satisfied 13/10/1999
charge
satisfied

LAW DEBENTURE CORPORATION

Created 28/06/1974Registered 18/07/1974Satisfied 18/03/2005
charge
satisfied

LAW DEBENTURE CORPORATION

Created 02/04/1974Registered 02/04/1974Satisfied 18/03/2005
charge
satisfied

LAW DEBENTURE CORPORATION

Created 21/12/1966Registered 05/01/1967Satisfied 19/12/1991

CompanyRankvs 15+ SIC 43991 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.53× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that the group has adequate resources to continue in operational existence for the foreseeable future, the directors have concluded this does not represent a material uncertainty with regards to going concern. Thus, the financial statements have been prepared on a going concern basis which presumes the realisation of assets and liabilities in the normal course of business. Under this s

Key FinancialsYear ending 31/12/2024

Net Worth

£8.6M

Balance sheet strength

Cash

£5.0M

Cash in the bank

Profit Before Tax

£3.7M

Bottom line earnings

Net Current Assets

£7.8M

Working capital

Current Assets

£12.8M

Current Liabilities

£5.1M

Fixed Assets

£1.3M

Debtors

£7.9M

Cost of Sales

£25.5M

Admin Expenses

£4.1M

Profit After Tax

£4.0M

227avg. employees+38

Tax at Year End

Corp tax£0
Dividends paid£200k

People Costs

Wages & salaries£13.7M

Balance Sheet

Bank loans & overdrafts£695k
Assets less current liabilities£9.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.53+£3.8M
20232.27+£2.7M
20221.53+£980k
20211.96+£305k
20201.66

Derived from filed accounts. Not audited figures.