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Palmerston Associates Limited

04969584

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

24 NETHERBY ROAD, LONDON, SE23 3AN
Incorporated 19/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars
68209
Other letting and operating of own or leased real estate

Officers

Mr Paul David Rigby

director · Since 19/11/2003

RESTAURANTEUR

BRITISH · ENGLAND · Age 52

Mr James Alexander Younger

director · Since 23/06/2006

CHEF

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Mr James Alexander Younger

secretary · Since 04/11/2013

Also on 6 other boards

Mrs Remi Aruna Olajoyegbe

director · Since 08/10/2019

EXECUTIVE COACH

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr James Alexander Younger

25–50% shares
25–50% votes
Appoint directors

British · England · Age 53

24, Netherby Road, London, SE23 3AN

Notified 19/11/2016

Mr Paul David Rigby

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

24, Netherby Road, London, SE23 3AN

Notified 19/11/2016

Mrs Remi Aruna Olajoyegbe

25–50% shares
25–50% votes
Appoint directors

British · England · Age 51

24, Netherby Road, London, SE23 3AN

Notified 08/10/2019

Charges2 outstanding

charge
outstanding

SANTANDER UK PLC

Created 01/12/2010Registered 11/12/2010
charge
outstanding

SANTANDER UK PLC

Created 01/12/2010Registered 11/12/2010

CompanyRankvs 6435+ SIC 56302 peers
47

Financial strength96th percentile among SIC peers · 24/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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6435Palmerston Associates Limited
57
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.

Employees1/15 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.

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 28/02/2025

Net Worth

£517k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£11k

Current Liabilities

£58k

Fixed Assets

£1.1M

0avg. employees

Tax at Year End(2020)

Corp tax£20k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20250.18+£26k
20240.39+£16k
20230.77+£8k
20221.31+£20k
20212.38+£53k
20200.36+£199k
20190.32—

Derived from filed accounts. Not audited figures.