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Palmerston Associates Limited

04969584

active
Private Limited Company
england wales
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

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 15/11/2025

Due 29/11/2026

On track

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 54

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 54

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 6243+ 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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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

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

Derived from filed accounts. Not audited figures.