Palsep Limited
01655760
Healthy
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 10/01/2026
Due 24/01/2027
Industry
Officers
director · Since 27/11/1991
TRANSPORT MANAGER
BRITISH · ENGLAND · Age 83
Also on 1 other board
Persons with Significant Control
Mr David Micahel Albert West
British · England · Age 83
Sandfield Mill, Gloucester, GL2 7JY
Notified 01/08/2016
Charges3 outstanding
MIDLAND BANK PLC
MIDLAND BANK PLC
DAVID MICHAEL WEST AND SHEILA MAY WEST
CompanyRankvs 2662+ SIC 32990 peers65
Show leaderboard
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 31/05/2025
Net Worth
£1.5M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£884k
Working capital
Current Assets
£945k
Current Liabilities
£61k
Fixed Assets
£634k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 15.44 | +£0 |
| 2025 | 15.44 | +£31k |
| 2024 | 11.13 | -£19k |
| 2023 | 9.48 | +£91k |
| 2022 | 12.51 | +£80k |
| 2021 | 7.88 | +£79k |
| 2020 | 7.34 | +£62k |
| 2019 | 4.57 | +£79k |
| 2018 | 5.00 | — |
Derived from filed accounts. Not audited figures.