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Palmar Limited

02891073

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/O PENNINGTONS MANCHES COOPER LLP 11TH FLOOR, BIRMINGHAM, B3 2RT
Incorporated 25/01/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Cade Ashby Galvin

director · Since 21/08/2025

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 52 other boards

Persons with Significant Control

Alliance Automotive Uk Limited

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

C/O Penningtons Manches Cooper Llp, Floor 11, 45 Church Street, Birmingham, B3 2RT

Reg: 03430230 · Register Of Companies In England · Private Company Limited By Shares

Notified 14/04/2023

Former PSCs

Maria Helen Peacock

Ceased 14/04/2023

Mr Paul John Peacock

Ceased 14/04/2023

CompanyRankvs 1020+ SIC 45310 peers
88

Financial strength95th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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102Palmar Limited
88
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2022

Net Worth

£2.1M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.5M

Current Liabilities

£489k

Fixed Assets

£106k

Debtors

£669k

23avg. employees+2

Tax at Year End(2019)

Corp tax£58k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20225.03+£433k
20214.48+£346k
20204.45+£234k
20193.77—

Derived from filed accounts. Not audited figures.