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Palletower (G.B.) Limited

00908180

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 11 outstanding charges (-10)

Details

Pallet Centre Europe, Dane Road Industrial Estate, Sale, M33 7BH
Incorporated 09/06/1967

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 29/06/2026

Due 13/07/2027

On track

Industry

52290
Other transportation support activities

Officers

Mr Matthew Robert Palmer

director · Since 15/10/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Russell John Palmer

director · Since 10/10/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 4 other boards

Mr Lee Spratt

director · Since 10/10/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Matthew Robert Palmer

director · Since 15/10/2010

British · England · Age 54

Russell John Palmer

director · Since 10/10/2012

British · United Kingdom · Age 51

Lee Spratt

director · Since 10/10/2012

British · United Kingdom · Age 49

Former

John Barrington Ravenshear Edwards

director · Resigned 16/07/1993

Anthony Basil Spurgin

secretary · Resigned 16/07/1993

George Thomas Nigel Atkins

secretary · Resigned 03/09/1993

George Thomas Nigel Atkins

director · Resigned 25/07/2001

Paul John Hutchins

director · Resigned 10/10/2012

Paul Edward Sheldon

secretary · Resigned 10/10/2012

Persons with Significant Control

Palletower Structural Holdings Limited

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

Pallet Centre Europe, Dane Road Industrial Estate, Sale, M33 7BH

Reg: 08160722 · Companies House · Limited By Shares

Notified 26/03/2019

Former PSCs

Matthew Robert Palmer

Ceased 26/03/2019

Charges11 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 05/06/2024Registered 11/06/2024
Charge
outstanding

NICOLA PALMER

Created 14/12/2017Registered 03/01/2018
Charge
outstanding

HSBC BANK PLC

Created 12/11/2013Registered 13/11/2013
Charge
outstanding

HSBC BANK PLC

Created 05/09/2013Registered 06/09/2013
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 10/10/2012Registered 18/10/2012
charge
outstanding

HSBC BANK PLC

Created 10/10/2012Registered 15/10/2012
charge
outstanding

HSBC BANK PLC

Created 10/10/2012Registered 15/10/2012
charge
outstanding

HSBC BANK PLC

Created 17/08/2011Registered 18/08/2011
charge
outstanding

HSBC BANK PLC

Created 25/07/2001Registered 07/08/2001
charge
outstanding

HSBC BANK PLC

Created 25/07/2001Registered 31/07/2001
charge
outstanding

MIDLAND BANK PLC

Created 12/11/1993Registered 24/11/1993

Change History

officer appointed → PALMER, Matthew Robert
2026-08-14
officer appointed → PALMER, Russell John
2026-08-14
officer appointed → SPRATT, Lee
2026-08-14
status → active
2026-08-14

Active

type → ltd
2026-08-14

Private Limited Company

address line1 → Pallet Centre Europe
2026-08-14

PALLET CENTRE EUROPE

post town → Sale
2026-08-14

SALE

CompanyRankvs 15+ SIC 52290 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.13× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2025

Net Worth

£22.8M

Balance sheet strength

Cash

£5.6M

Cash in the bank

Profit Before Tax

£5.1M

Bottom line earnings

Net Current Assets

£22.5M

Working capital

Current Assets

£28.0M

Current Liabilities

£5.5M

Fixed Assets

£384k

Debtors

£12.9M

Cost of Sales

£18.1M

Admin Expenses

£2.8M

Profit After Tax

£3.8M

61avg. employees+6

Tax at Year End

Dividends paid£410k

People Costs

Wages & salaries£2.7M

Balance Sheet

Assets less current liabilities£22.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.13+£1.5M
20245.24+£2.5M
20233.92—

Derived from filed accounts. Not audited figures.