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The Pallet Company Limited

03600889

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

CHARLES STREET, WEST MIDLANDS, B70 0BY
Incorporated 20/07/1998

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/07/2025

Due 28/07/2026

On track

Industry

16240
Manufacture of wooden containers

Officers

Karim Hijazi

director · Since 30/10/2018

British

Saleh Hijazi

director · Since 20/07/1998

British

Former

Rachel Hijazi

secretary · Resigned 23/01/2019

Britannia Company Formations Limited

corporate nominee secretary · Resigned 20/07/1998

Deansgate Company Formations Limited

corporate nominee director · Resigned 20/07/1998

CompanyRankvs 105+ SIC 16240 peers
89

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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 31/12/2024

Net Worth

£2.2M

Balance sheet strength

Cash

£366k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.3M

Fixed Assets

£1.1M

Debtors

£2.3M

Profit After Tax

£222k

60avg. employees+5

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.22+£319k
20232.50

Derived from filed accounts. Not audited figures.