Palringo Limited
05801490
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/08/2025
group
Next accounts due
31/05/2027
Confirmation statement
Last: 29/04/2026
Due 13/05/2027
Industry
Officers
director · Since 30/06/2006
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
Also on 7 other boards
director · Since 03/08/2006
GENERAL PARTNER
BRITISH · UNITED KINGDOM · Age 59
Also on 1 other board
director · Since 25/10/2012
CEO - IMPULSE TELECOM; AVP - INVESTMENT
KUWAITI · KUWAIT · Age 47
director · Since 20/02/2018
CHAIRMAN
BRITISH · ENGLAND · Age 69
Also on 2 other boards
secretary · Since 09/04/2019
director · Since 22/02/2022
SENIOR MANAGING DIRECTOR
BRITISH · CAYMAN ISLANDS · Age 46
CompanyRankvs 3198+ SIC 58290 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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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 going con
Key FinancialsYear ending 31/08/2023
Net Worth
-£4.5M
Balance sheet strength
Cash
£3.5M
Cash in the bank
Net Current Assets
-£4.4M
Working capital
Current Assets
£4.5M
Current Liabilities
£8.9M
Fixed Assets
£57k
Debtors
£1.1M
Profit After Tax
-£989k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.51 | -£949k |
| 2022 | 0.60 | -£162k |
| 2021 | 0.63 | — |
Derived from filed accounts. Not audited figures.