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Palmgate Ltd

04115044

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

MEDCAR HOUSE, LONDON, N16 5LL
Incorporated 27/11/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Myer Bernard Rothfeld

secretary · Since 02/01/2001

ACCOUNTANT

BRITISH · ENGLAND · Age 72

Also on 98 other boards

Mr Jonah Perelman

director · Since 01/10/2015

DIRECTOR

BRITISH · ENGLAND · Age 70

Persons with Significant Control

Mr Jonah Perelman

75–100% shares

British · England · Age 70

Medcar House, London, N16 5LL

Notified 27/11/2016

Charges2 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 21/01/2020Registered 22/01/2020
charge
outstanding

NATIONWIDE BUILDING SOCIETY

Created 12/01/2001Registered 27/01/2001

CompanyRankvs 128995+ SIC 68209 peers
37

Financial strength6th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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128995Palmgate Ltd
47
How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

-£47k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£87k

Current Liabilities

£70k

Fixed Assets

£99k

Debtors

£84k

Profit After Tax

-£10k

0avg. employees-2

Tax at Year End(2019)

Corp tax£427

Balance Sheet

Assets less current liabilities£115k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.23-£20k
20241.55-£10k
20231.97-£2k
20222.47-£10k
20213.22-£9k
20203.71-£28k
20190.03—

Derived from filed accounts. Not audited figures.