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Pallet Express Systems Limited

03112231

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

EXCELLENCE HOUSE DALEWOOD ROAD, NEWCASTLE-UNDER-LYME, ST5 9QH
Incorporated 10/10/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mrs Alexandra June Bowers

secretary · Since 30/10/1995

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 1 other board

Mr Martyn William Bowers

director · Since 16/04/2004

DISTRIBUTION MANAGER

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mrs Anita Louise Taylor

director · Since 16/04/2004

ADMINISTRATION MANAGER

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Persons with Significant Control

Magnolio Holdings Limited

75–100% shares
75–100% votes

Excellence House, Dalewood Road, Newcastle Under Lyme, ST5 9QH

Reg: 9146011 · England And Wales · Uk Private Company Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/06/2020Registered 30/06/2020
charge
outstanding

BARCLAYS BANK PLC

Created 28/03/2013Registered 02/04/2013
charge
satisfied

HSBC BANK PLC

Created 18/08/2000Registered 22/08/2000Satisfied 22/11/2012
charge
satisfied

HSBC BANK PLC

Created 18/08/2000Registered 22/08/2000Satisfied 22/11/2012

CompanyRankvs 1671+ SIC 49410 peers
71

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.18× · 12/20
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 strength24/25 pts

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

Employees15/15 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 31/10/2025

Net Worth

£358k

Balance sheet strength

Cash

£196k

Cash in the bank

Net Current Assets

£120k

Working capital

Current Assets

£796k

Current Liabilities

£676k

Fixed Assets

£663k

Debtors

£601k

31avg. employees

Balance Sheet

Assets less current liabilities£783k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.18-£21k
20241.17-£3k
20231.33+£35k
20221.26-£35k
20211.32

Derived from filed accounts. Not audited figures.