Palm Automotive Limited
04420411
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 05/04/2026
Due 19/04/2027
Industry
Officers
Former
corporate director · Resigned 19/04/2002
corporate secretary · Resigned 19/04/2002
director · Resigned 30/04/2010
director · Resigned 30/04/2010
secretary · Resigned 30/04/2010
Persons with Significant Control
Enable Trading Limited
9a, Broad Street, Wokingham, RG40 1AU
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
EURO SALES FINANCE PLC
Change History
Private Limited Company
UNIT 1 BILSTHORPE BUSINESS PARK, EAKRING ROAD
NEWARK
Active
CompanyRankvs 37+ SIC 45320 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern In preparing the financial statements the directors are required to assess the company's ability to continue to trade as a going concern for the foreseeable future. In undertaking this a
Key FinancialsYear ending 31/12/2023
Net Worth
£2.1M
Balance sheet strength
Cash
£118k
Cash in the bank
Net Current Assets
£1.7M
Working capital
Current Assets
£2.6M
Current Liabilities
£883k
Fixed Assets
£533k
Debtors
£768k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.91 | +£45k |
| 2022 | 3.45 | +£198k |
| 2021 | 2.58 | — |
Derived from filed accounts. Not audited figures.
Filing History78 filings
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with updates
change registered office address company with date old address new address
accounts with accounts type small
annual return company with made up date full list shareholders
appoint person director company with name date
accounts with accounts type small
annual return company with made up date full list shareholders
accounts with accounts type small
annual return company with made up date full list shareholders
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annual return company with made up date full list shareholders
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annual return company with made up date full list shareholders
accounts with accounts type small
annual return company with made up date full list shareholders
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annual return company with made up date full list shareholders
change registered office address company with date old address
change person director company with change date
change person director company with change date
termination secretary company with name
termination director company with name
termination director company with name
appoint person director company with name
appoint person director company with name
appoint person director company with name
appoint person director company with name
appoint person director company with name
change registered office address company with date old address
accounts with accounts type total exemption small
change account reference date company current shortened
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accounts with accounts type total exemption full
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incorporation company