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Palms Palace Cafe Limited

01756902

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

49 TADEMA HOUSE, LONDON, NW8 8PN
Incorporated 28/09/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
56290
Other food service activities

Officers

Mr. Nadir Ismail Ali

director · Since 30/06/2018

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 6 other boards

Persons with Significant Control

Mr Nadir Ismail Ali

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

British · England · Age 6

49, Tadema House, London, NW8 8PN

Notified 05/06/2020

Former PSCs

Mr Ismael Majed Siza

Ceased 05/06/2020

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 12/06/1998Registered 22/06/1998
charge
satisfied

LEOPOLD JOSEPH & SONS LIMITED

Created 03/07/1995Registered 06/07/1995Satisfied 15/08/1998
charge
satisfied

LEOPOLD JOSEPH & SONS LIMITED

Created 03/07/1995Registered 06/07/1995Satisfied 15/08/1998

CompanyRankvs 1274+ SIC 47240 peers
49

Financial strength98th percentile among SIC peers · 25/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/12/2023

Net Worth

£681k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£682k

Working capital

Current Assets

£59k

Current Liabilities

£741k

Fixed Assets

£693

0avg. employees-1

Balance Sheet

Assets less current liabilities£681k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.08+£2k
20220.11-£8k
20220.10-£25k
20210.07+£9k
20200.01+£65k
20190.02

Derived from filed accounts. Not audited figures.