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Palutti Limited

04909076

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

142 SWITHLAND LANE, LEICESTERSHIRE, LE7 7SF
Incorporated 23/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Dr Derek Adeyemi Palmer

secretary · Since 23/09/2003

TECHNOLOGY ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 61

Also on 31 other boards

Dr Derek Adeyemi Palmer

director · Since 23/09/2003

TECHNOLOGY ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 61

Also on 31 other boards

Persons with Significant Control

Dr Derek Adeyemi Palmer

50–75% shares

British · England · Age 61

142 Swithland Lane, Leicestershire, LE7 7SF

Notified 01/05/2016

CompanyRankvs 508600+ SIC 74909 peers
39

Financial strength9th percentile among SIC peers · 2/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.15× · 2/20
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 strength2/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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

-£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£2k

Current Liabilities

£10k

Debtors

£2k

1avg. employees

Tax at Year End(2019)

VAT£300

Director Loans

Company owes directors£5k
Directors owe company£2k

Balance Sheet

Assets less current liabilities-£9k
Signed by Dr Derek Palmer 30 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.15-£4k
20230.10+£8k
20220.02+£36k
2021-0.07-£9k
2020-£3k
20190.00-£62k£6k
20180.01

Derived from filed accounts. Not audited figures.