Back to search

Palm Assets Limited

04777876

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

42-46 Station Road, Edgware, HA8 7AB
Incorporated 27/05/2003

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Martin Howard Bandel

director · Since 10/01/2023

British · England · Age 67

Adam Benjamin Bowers

director · Since 10/01/2023

British · England · Age 34

Adam Benjamin Bowers

secretary · Since 17/01/2023

Former

Daniel Selwyn Bowers

director · Resigned 10/01/2023

Elizabeth Bowers

director · Resigned 10/01/2023

Daniel Selwyn Bowers

secretary · Resigned 17/01/2023

Persons with Significant Control

Former PSCs

Mr Daniel Selwyn Bowers

Ceased 10/01/2023

Charges8 outstanding

charge
outstanding

SANTANDER UK PLC

Created 20/12/2011Registered 30/12/2011
charge
outstanding

SANTANDER UK PLC

Created 20/12/2011Registered 30/12/2011
charge
outstanding

DANIEL BOWERS

Created 20/12/2011Registered 23/12/2011
charge
outstanding

DANIEL BOWERS & ELIZABETH BOWERS AS TRUSTEES OF THE DOLLIS NO. 1 SETTLEMENT

Created 20/12/2011Registered 23/12/2011
charge
outstanding

DANIEL BOWERS & ELIZABETH BOWERS AS TRUSTEES OF THE DOLLIS NO. 2 SETTLEMENT

Created 20/12/2011Registered 23/12/2011
charge
outstanding

ELIZABETH BOWERS

Created 20/12/2011Registered 23/12/2011
charge
outstanding

DANIEL BOWERS & ELIZABETH BOWERS AS TRUSTEES OF THE WINCHESTER NO. 1 SETTLEMENT

Created 20/12/2011Registered 23/12/2011
charge
outstanding

DANIEL BOWERS & ELIZABETH BOWERS AS TRUSTEES OF THE HILLINGDON NO. 1 SETTLEMENT

Created 20/12/2011Registered 23/12/2011
charge
satisfied

ANGLO IRISH PROPERTY LENDING LIMITED

Created 31/03/2006Registered 05/04/2006Satisfied 03/02/2012
charge
satisfied

ANGLO IRISH PROPERTY LENDING LIMITED

Created 31/03/2006Registered 05/04/2006Satisfied 03/02/2012
charge
satisfied

ANGLO IRISH PROPERTY LENDING LIMITED

Created 14/02/2006Registered 17/02/2006Satisfied 03/02/2012
charge
satisfied

ANGLO IRISH PROPERTY LENDING LIMITED

Created 23/09/2003Registered 30/09/2003Satisfied 03/02/2012
charge
satisfied

ANGLO IRISH PROPERTY LENDING LIMITED

Created 23/09/2003Registered 30/09/2003Satisfied 03/02/2012

Change History

status → active
2026-06-10

Active

type → ltd
2026-06-10

Private Limited Company

address line1 → 42-46 Station Road
2026-06-10

42-46 STATION ROAD

post town → Edgware
2026-06-10

EDGWARE

officer appointed → BOWERS, Adam Benjamin
2026-06-10
officer appointed → BANDEL, Martin Howard
2026-06-10
officer appointed → BOWERS, Adam Benjamin
2026-06-10

CompanyRankvs 35799+ SIC 68209 peers
62

Financial strength96th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
35799Palm Assets Limited
68
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.

Employees12/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£182k

Cash in the bank

Net Current Assets

-£221k

Working capital

Current Assets

£570k

Current Liabilities

£790k

Fixed Assets

£4.0M

Debtors

£387k

2avg. employees

Tax at Year End

Corp tax£38k

Balance Sheet

Bank loans & overdrafts£102k
Assets less current liabilities£3.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72+£114k
20230.56+£45k
20220.77-£16k
20210.76—

Derived from filed accounts. Not audited figures.