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Palace House Limited

00822206

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

115 CRAVEN PARK ROAD, LONDON, N15 6BL
Incorporated 07/10/1964

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 08/08/2025

Due 22/08/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Frances Rosalind Lerner

secretary · Since 20/06/1991

BRITISH · ENGLAND · Age 69

Also on 75 other boards

Mr Charles Lerner

director · Since 20/06/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 33 other boards

Mrs Frances Rosalind Lerner

director · Since 20/06/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 75 other boards

Mr Irving Marc Lerner

director · Since 26/03/2004

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 19 other boards

Persons with Significant Control

Mrs Frances Rosalind Lerner

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 69

115 Craven Park Road, South Tottenham, N15 6BL

Notified 01/06/2017

Mr Charles Lerner

25–50% shares
25–50% votes
Appoint directors

British · England · Age 72

115 Craven Park Road, South Tottenham, N15 6BL

Notified 01/06/2017

Charges2 outstanding

Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED AS SECURITY AGENT

Created 15/02/2016Registered 19/02/2016
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED AS SECURITY AGENT

Created 15/02/2016Registered 19/02/2016
charge
satisfied

NORWICH UNION MORTGAGE FINANCE LTD

Created 11/05/2006Registered 25/05/2006Satisfied 20/07/2023
charge
satisfied

NORWICH UNION MORTGAGE FINANCE LIMITED

Created 31/01/2001Registered 16/02/2001Satisfied 20/07/2023
charge
satisfied

NORWICH UNION MORTGAGE FINANCE LIMITED

Created 31/01/2001Registered 16/02/2001Satisfied 20/07/2023
charge
satisfied

UNION BANK OF FINLAND LTD

Created 19/04/1989Registered 21/04/1989Satisfied 02/02/2015
charge
satisfied

UNION BANK OF FINLAND LTD

Created 23/03/1989Registered 31/03/1989Satisfied 02/02/2015
charge
satisfied

UNION BANK OF FINLAND LTD

Created 23/03/1989Registered 31/03/1989Satisfied 02/02/2015
charge
satisfied

UNION BANK OF FINLAND LTD

Created 23/03/1989Registered 31/03/1989Satisfied 02/02/2015
charge
satisfied

UNION BANK OF FINLAND LTD

Created 23/03/1989Registered 31/03/1989Satisfied 02/02/2015
charge
satisfied

A.P. BANK LIMITED

Created 13/05/1985Registered 23/05/1985Satisfied 02/02/2015
charge
satisfied

A. P. BANK LIMITED

Created 20/12/1984Registered 31/12/1984Satisfied 02/02/2015
charge
satisfied

A.P. BANK LTD

Created 20/12/1984Registered 31/12/1984Satisfied 02/02/2015
charge
satisfied

A.P. BANK LIMITED

Created 20/12/1984Registered 31/12/1984Satisfied 02/02/2015
charge
satisfied

BARCLAYS BANK PLC

Created 15/03/1983Registered 21/03/1983Satisfied 02/02/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/04/1981Registered 07/05/1981Satisfied 02/02/2015
charge
satisfied

ROYAL LIVES TRUSTEES LTD. · R.L. PENSIONS TRUSTEES LTD

Created 01/04/1981Registered 03/04/1981Satisfied 02/02/2015
charge
satisfied

MIDLAND BANK PLC

Created 14/10/1975Registered 17/10/1975Satisfied 02/02/2015
charge
satisfied

MIDLAND BANK PLC

Created 30/09/1968Registered 17/10/1968Satisfied 02/02/2015
charge
satisfied

F. BUTTERFIELD INVESTMENTS LTD

Created 18/11/1965Registered 24/11/1965Satisfied 02/02/2015
charge
satisfied

MIDLAND BANK PLC

Created 01/07/1965Registered 15/07/1965Satisfied 02/02/2015

CompanyRankvs 5641+ SIC 68209 peers
74

Financial strength98th percentile among SIC peers · 25/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 48.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£4.1M

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£3.7M

Working capital

Current Assets

£3.8M

Current Liabilities

£78k

Debtors

£3.8M

Profit After Tax

£35k

1avg. employees

Balance Sheet

Assets less current liabilities£6.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202548.82+£35k
202447.07+£56k
202334.06+£32k
202233.44+£38k
202135.07+£60k
202037.73+£6k
201942.03+£6k
201839.20

Derived from filed accounts. Not audited figures.