Pallet Plus Ltd
05529345
Some Concerns
- Going concern doubt noted in accounts (-10)
- Active insolvency proceedings (-20)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/11/2025
full
Next accounts due
31/08/2027
Confirmation statement
Last: 05/08/2025
Due 19/08/2026
Industry
Officers
director · Since 15/08/2023
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 7 other boards
director · Since 15/08/2023
DIRECTOR OF TRANSPORT
BRITISH · ENGLAND · Age 43
Also on 5 other boards
Persons with Significant Control
Expect Distribution Group Limited
Premier Point Premier Gate, Staithgate Lane, Bradford, BD6 1DW
Reg: 13767389 · Companies House · Limited Company
Notified 15/08/2023
Former PSCs
Mr Gary Rowe
Ceased 15/08/2023
Charges2 outstanding
SHAWBROOK BANK LIMITED
GARY ROWE · ARLENE ROWE
SANTANDER UK PLC
BARCLAYS BANK PLC
BIBBY FINANCIAL SERVICES LIMITED AS SECURITY TRUSTEE
Insolvency History1 case
Mark Richard Phillips (practitioner)
CompanyRankvs 5144+ SIC 49410 peers41
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 30/11/2025
Net Worth
£1.7M
Balance sheet strength
Cash
£20k
Cash in the bank
Profit Before Tax
£589k
Bottom line earnings
Net Current Assets
£660k
Working capital
Current Assets
£4.0M
Current Liabilities
£3.3M
Fixed Assets
£1.7M
Debtors
£3.9M
Admin Expenses
£1.2M
Profit After Tax
£401k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.20 | -£1.1M |
| 2023 | 1.90 | +£1.0M |
| 2022 | 1.14 | +£741k |
| 2021 | 0.96 | +£380k |
| 2020 | 0.91 | +£312k |
| 2019 | 0.86 | — |
Derived from filed accounts. Not audited figures.