Palm Equipment International Limited
02000120
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 11/12/2025
Due 25/12/2026
Industry
Officers
Former
director · Resigned 31/12/2016
director · Resigned 09/05/2019
Persons with Significant Control
Mr Andrew Paul Knight
British · England · Age 70
Underhills, Hill Road, Winscombe, BS25 5RH
Notified 06/04/2016
Headwater Group Limited
Kenn Business Park, Kenn Road, Clevedon, BS21 6TH
Reg: 13153803 · Companies House England And Wales · Private Company Limited By Shares
Notified 23/01/2023
Charges1 outstanding
LLOYDS BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
Change History
Active
Private Limited Company
KENN BUSINESS PARK
CLEVEDON
CompanyRankvs 12+ SIC 14190 peers70
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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
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 31/12/2022
Turnover
£11.7M
Annual revenue
Net Worth
£6.6M
Balance sheet strength
Cash
£749k
Cash in the bank
Profit Before Tax
£2.1M
Bottom line earnings
Net Current Assets
£5.9M
Working capital
Current Assets
£7.2M
Current Liabilities
£1.4M
Fixed Assets
£842k
Debtors
£2.7M
Cost of Sales
£7.3M
Gross Profit
£4.4M
Admin Expenses
£2.3M
Operating Profit
£2.1M
Profit After Tax
£1.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 5.34 |
Derived from filed accounts. Not audited figures.