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Palmer Developments Limited

05566630

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

HOLBECHE HOUSE 437 SHIRLEY ROAD, BIRMINGHAM, B27 7NX
Incorporated 16/09/2005

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 03/06/2025

Due 17/06/2026

On track

Industry

43999
Specialised construction activities

Officers

Mary Palmer

secretary · Since 20/09/2005

SECRETARIAL

BRITISH · Age 77

Also on 1 other board

Mark Patrick Palmer

director · Since 20/09/2005

DEVELOPER

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Persons with Significant Control

Mr Mark Patrick Palmer

Significant control

British · United Kingdom · Age 54

Holbeche House, 437 Shirley Road, Birmingham, B27 7NX

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 20/03/2024Registered 26/03/2024
Charge
satisfied

LLOYDS BANK PLC

Created 19/03/2020Registered 24/03/2020Satisfied 26/03/2024
Charge
satisfied

LLOYDS BANK PLC

Created 05/04/2017Registered 25/04/2017Satisfied 27/03/2024
Charge
satisfied

LLOYDS BANK PLC

Created 30/03/2016Registered 31/03/2016Satisfied 27/03/2024
Charge
outstanding

LLOYDS BANK PLC

Created 16/01/2015Registered 28/01/2015
Charge
outstanding

LLOYDS BANK PLC

Created 05/01/2015Registered 08/01/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/02/2010Registered 10/02/2010Satisfied 12/07/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/11/2006Registered 22/11/2006Satisfied 30/11/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/11/2006Registered 22/11/2006Satisfied 12/07/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/10/2006Registered 14/10/2006Satisfied 12/07/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 24/10/2005Registered 27/10/2005Satisfied 12/07/2016

CompanyRankvs 9240+ SIC 43999 peers
59

Financial strength93th percentile among SIC peers · 23/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.12× · 12/20
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 strength23/25 pts

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

Employees4/15 pts

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

Liquidity12/20 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

£519k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£491k

Working capital

Current Assets

£4.6M

Current Liabilities

£4.1M

Fixed Assets

£60k

Debtors

£4.5M

1avg. employees

Tax at Year End

Corp tax£8k

Balance Sheet

Assets less current liabilities£550k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.12-£59k
20231.16-£3k
20221.24-£18k
20211.59+£113k
20201.48-£88k
20191.53-£268k
20181.96

Derived from filed accounts. Not audited figures.