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Palace Homes (Wales) Limited

06301361

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

12 CYFARTHFA COURT, MERTHYR TYDFIL, CF47 8EY
Incorporated 04/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Robert Marcus Price

secretary · Since 04/07/2007

BRITISH · UNITED KINGDOM · Age 54

Also on 6 other boards

Mr Kevin Neil Jones

director · Since 04/07/2007

BUILDER

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Mr Robert Marcus Price

director · Since 04/07/2007

FINANCIAL ADVISOR

BRITISH · WALES · Age 54

Also on 6 other boards

Persons with Significant Control

Mr Kevin Neil Jones

25–50% shares

British · United Kingdom · Age 55

4, The Hawthorns, Merthyr Tydfil, CF48 2EJ

Notified 06/04/2016

Mr Robert Marcus Price

25–50% shares

British · United Kingdom · Age 54

12, Cyfarthfa Court, Merthyr Tydfil, CF47 8EY

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 02/01/2008Registered 11/10/2008Satisfied 13/12/2013

CompanyRankvs 48129+ SIC 41100 peers
47

Financial strength3th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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48129Palace Homes (Wales) Limited
43
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity6/20 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 31/07/2025

Net Worth

-£385k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£385k

Working capital

Current Assets

£433k

Current Liabilities

£818k

2avg. employees

Balance Sheet

Assets less current liabilities-£385k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.53-£2k
20240.35-£838
20230.35-£716
20220.35-£757
20210.35-£618
20200.34-£605
20190.34-£910
201811111.24—

Derived from filed accounts. Not audited figures.