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Palec Properties Limited

01459729

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

29-31 LOWER LOVEDAY STREET, BIRMINGHAM, B19 3SE
Incorporated 07/11/1979

Compliance

Last accounts

31/12/2025

micro entity

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 24/02/2026

Due 10/03/2027

On track

Industry

41100
Development of building projects

Officers

Mr Brian Thomas May

director · Since 23/05/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 88

Persons with Significant Control

Brian May

50–75% shares

English · England · Age 88

29-31 Lower Loveday Street, Birmingham, B19 3SE

Notified 06/04/2016

Dominic Francis May

25–50% shares

British · United Kingdom · Age 32

29-31 Lower Loveday Street, Birmingham, B19 3SE

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/09/1992Registered 28/09/1992Satisfied 06/09/2017
charge
outstanding

WILLIAMS & GLYN'S BANK PLC.

Created 27/09/1985Registered 16/10/1985
charge
satisfied

LLOYDS BANK PLC

Created 20/03/1980Registered 24/03/1980Satisfied 02/10/1992

CompanyRankvs 7674+ SIC 41100 peers
64

Financial strength86th percentile among SIC peers · 22/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7674Palec Properties Limited
74
How is this score calculated?
Financial strength22/25 pts

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

Employees2/15 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 31/12/2025

Net Worth

£262k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£136k

Working capital

Current Assets

£163k

Current Liabilities

£27k

Fixed Assets

£127k

0avg. employees

Balance Sheet

Assets less current liabilities£263k
Signed by 01459729 2025-01-01 2025-12-31 01459729 2025-12-31 01459729 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.14+£17k
20244.80+£19k
20232.49+£11k
20222.39+£18k
20212.03+£22k
20202.43+£14k
20191.86+£14k
20181.76+£27k
20161.30—

Derived from filed accounts. Not audited figures.