Palacath Limited
01071040
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
27/12/2026
Confirmation statement
Last: 31/12/2025
Due 14/01/2027
Industry
Officers
secretary · Since 31/12/1991
BRITISH · UNITED KINGDOM · Age 66
Also on 25 other boards
director · Since 31/12/1991
SOLICITOR
BRITISH · UNITED KINGDOM · Age 64
Also on 13 other boards
director · Since 31/12/1991
SECRETARY
BRITISH · UNITED KINGDOM · Age 66
Also on 25 other boards
director · Since 11/04/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 13 other boards
Persons with Significant Control
Parkdale Investments Limited
19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD
Reg: 00695118 · Companies House · Limited Company
Notified 06/04/2016
Former PSCs
Mr Baruch Erlich
Ceased 06/04/2016
Charges2 outstanding
LFS NO 2 UK LTD
LFS NO 2 UK LTD
CompanyRankvs 83240+ SIC 41100 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£38.8M
Balance sheet strength
Cash
£113k
Cash in the bank
Net Current Assets
£22.5M
Working capital
Current Assets
£29.2M
Current Liabilities
£6.7M
Fixed Assets
£20.0M
Debtors
£29.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.38 | +£3.7M |
| 2024 | 4.32 | +£49k |
| 2023 | 4.25 | +£253k |
| 2022 | 4.27 | -£132k |
| 2021 | 4.29 | +£318k |
| 2020 | 4.39 | +£623k |
| 2019 | 4.30 | +£3.8M |
| 2018 | 4.61 | — |
Derived from filed accounts. Not audited figures.