Back to search

Palace Farms Limited

05924562

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

BISHOPBROOK HOUSE, WELLS, BA5 1FD
Incorporated 05/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01410
Raising of dairy cattle

Officers

Michael George Phelps

director · Since 05/09/2006

FARMER

BRITISH · UNITED KINGDOM · Age 68

Mr Jack Michael George Phelps

director · Since 09/08/2019

DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Michael George Phelps

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 68

Palace Farm, Silver Street, Wells, BA5 1UN

Notified 06/04/2016

CompanyRankvs 694+ SIC 01410 peers
59

Financial strength49th percentile among SIC peers · 12/25
Employees4th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength12/25 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.

Liquidity16/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£385k

Balance sheet strength

Cash

£115k

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£460k

Current Liabilities

£274k

Fixed Assets

£447k

Debtors

£137k

0avg. employees-3

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities£633k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.68-£12k
20242.02+£20k
20232.12-£18k
20222.59-£58k
20212.30+£92k
20202.70+£52k
20192.31

Derived from filed accounts. Not audited figures.