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Palagate Properties Limited

02231697

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 23 outstanding charges (-10)

Details

MIRAMAR, MAIDSTONE, ME15 6YJ
Incorporated 17/03/1988

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/07/2025

Due 20/07/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Mr Ian Stretton Russell

director · Since 13/07/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 74

Persons with Significant Control

Mr Ian Stretton Russell

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

British · England · Age 74

Miramar, College Avenue, Maidstone, ME15 6YJ

Notified 11/07/2016

Charges23 outstanding

charge
outstanding

HSBC BANK PLC

Created 17/09/2004Registered 18/09/2004
charge
outstanding

HSBC BANK PLC

Created 18/08/2004Registered 19/08/2004
charge
outstanding

HSBC BANK PLC

Created 17/03/2004Registered 19/03/2004
charge
outstanding

HSBC BANK PLC

Created 20/06/2003Registered 03/07/2003
charge
outstanding

HSBC BANK PLC

Created 16/05/2003Registered 29/05/2003
charge
outstanding

HSBC BANK PLC

Created 27/11/2002Registered 29/11/2002
charge
outstanding

HSBC BANK PLC

Created 27/11/2002Registered 29/11/2002
charge
outstanding

HSBC BANK PLC

Created 27/11/2002Registered 29/11/2002
charge
outstanding

HSBC BANK PLC

Created 05/07/2002Registered 11/07/2002
charge
outstanding

HSBC BANK PLC

Created 03/07/2002Registered 05/07/2002
charge
outstanding

HSBC BANK PLC

Created 03/07/2002Registered 04/07/2002
charge
outstanding

HSBC BANK PLC

Created 02/11/2001Registered 06/11/2001
charge
outstanding

HSBC BANK PLC

Created 31/07/2001Registered 02/08/2001
charge
outstanding

HSBC BANK PLC

Created 31/07/2001Registered 02/08/2001
charge
outstanding

HSBC BANK PLC

Created 10/05/2001Registered 16/05/2001
charge
outstanding

HSBC BANK PLC

Created 03/05/2001Registered 11/05/2001
charge
outstanding

HSBC BANK PLC

Created 29/06/2000Registered 07/07/2000
charge
outstanding

HSBC BANK PLC

Created 03/05/2000Registered 06/05/2000
charge
outstanding

MIDLAND BANK PLC

Created 01/09/1999Registered 03/09/1999
charge
outstanding

MIDLAND BANK PLC

Created 01/09/1999Registered 03/09/1999
charge
outstanding

MIDLAND BANK PLC

Created 17/03/1999Registered 19/03/1999
charge
outstanding

MIDLAND BANK PLC

Created 24/04/1998Registered 02/05/1998
charge
outstanding

MIDLAND BANK PLC

Created 14/04/1997Registered 17/04/1997

CompanyRankvs 6968+ SIC 41202 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.62× · 16/20
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.

Employees5/15 pts

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

Liquidity16/20 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 31/03/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£423k

Cash in the bank

Net Current Assets

£189k

Working capital

Current Assets

£493k

Current Liabilities

£303k

Fixed Assets

£1.3M

Debtors

£70k

1avg. employees

Tax at Year End

Corp tax£11k

Director Loans

Directors owe company£33k

Balance Sheet

Assets less current liabilities£1.4M
Signed by Mr Ian Russell 25/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.62+£543k
20243.41+£79k
20232.07+£130k
20221.92+£24k
20211.86+£186k
20201.55+£120k
20191.37

Derived from filed accounts. Not audited figures.