Palm Developments Limited

03082409

active

ltd

england wales

Companies House

Health Score

66 / 100

Some Concerns

30/30

Filing

0/30

Financial

36/40

Risk

Negative net worth (-10)
Current liabilities exceed current assets (-10)
2 outstanding charges (-4)

Details

Ranscombe Farm House, The Estate Office Cuxton, Rochester, ME2 1LA

Incorporated 21/07/1995

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 21/07/2025

Due 04/08/2026

On track

Industry

68100

Buying and selling of own real estate

Officers

Ivan Stephen Kingsley Smith

director · Since 21/07/1995

British · United Kingdom · Age 60

Ivan Stephen Kingsley Smith

secretary · Since 24/06/2004

British

Paul David Ross-Gower

director · Since 28/02/2018

British · England · Age 60

Andrea Kingsley Smith

director · Since 25/04/2018

British · England · Age 57

Former

London Law Services Limited

corporate nominee director · Resigned 21/07/1995

London Law Secretarial Limited

corporate nominee secretary · Resigned 21/07/1995

Brendan Philip Mcdonald

secretary · Resigned 23/06/2004

Brian Kingsley Smith

director · Resigned 01/11/2009

Nicholas Mark Kingsley-Smith

director · Resigned 25/09/2012

Elizabeth Kingsley Smith

director · Resigned 23/06/2014

Nicholas Mark Kingsley Smith

director · Resigned 13/04/2018

Persons with Significant Control

Palm Investments Limited

75–100% shares

75–100% votes

Appoint directors

Ranscombe Farmhouse, Cuxton, Rochester, ME2 1LA

Reg: 02081008 · Registrar Of Companies At Companies House · Private Company Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge

outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 02/10/2024Registered 04/10/2024

Charge

outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 02/10/2024Registered 04/10/2024

Charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/07/2017Registered 13/07/2017Satisfied 22/04/2020

charge

satisfied

HSBC BANK PLC

Created 02/03/2007Registered 20/03/2007Satisfied 26/04/2016

charge

satisfied

HSBC BANK PLC

Created 13/12/2004Registered 16/12/2004Satisfied 26/04/2016

charge

satisfied

HSBC BANK PLC

Created 13/12/2004Registered 16/12/2004Satisfied 26/04/2016

charge

satisfied

HSBC BANK PLC

Created 13/12/2004Registered 16/12/2004Satisfied 26/04/2016

charge

satisfied

HSBC BANK PLC

Created 13/12/2004Registered 16/12/2004Satisfied 26/04/2016

charge

satisfied

HSBC BANK PLC

Created 13/12/2004Registered 16/12/2004Satisfied 26/04/2016

charge

satisfied

HSBC BANK PLC

Created 13/12/2004Registered 16/12/2004Satisfied 26/04/2016

charge

satisfied

HSBC BANK PLC

Created 13/12/2004Registered 16/12/2004Satisfied 26/04/2016

Change History

status → active

2026-06-11

Active

type → ltd

2026-06-11

Private Limited Company

address line1 → Ranscombe Farm House

2026-06-11

RANSCOMBE FARM HOUSE

post town → Rochester

2026-06-11

ROCHESTER

officer appointed → KINGSLEY SMITH, Ivan Stephen

2026-06-11

officer appointed → KINGSLEY SMITH, Andrea

2026-06-11

officer appointed → KINGSLEY SMITH, Ivan Stephen

2026-06-11

officer appointed → ROSS-GOWER, Paul David

2026-06-11

CompanyRankvs 88192+ SIC 68100 peers
32

Financial strength0th percentile among SIC peers · 0/25

Employees0th percentile among SIC peers · 0/15

LiquidityCurrent ratio 1.27× · 12/20

Longevity15 years trading (max 15) · 15/15

Filing complianceAll filings up to date · 15/15

Outstanding charges -10

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88192Palm Developments Limited

42

How is this score calculated?

Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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 31/07/2025

Net Worth

-£1.4M

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£2.6M

Working capital

Current Assets

£12.2M

Current Liabilities

£9.7M

Fixed Assets

£97k

Debtors

£712k

Balance Sheet

Assets less current liabilities£2.7M

Signed by Mr Ivan Kingsley Smith 25th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

Year	Current Ratio	Implied Profit
2025	1.27	-£65k
2024	0.83	-£70k
2023	0.83	-£314k
2022	0.91	-£39k
2021	0.96	+£637k
2020	0.74	+£165k
2019	0.80	-£193k
2018	0.84	—

Derived from filed accounts. Not audited figures.