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Palmer Engineering Limited

06555212

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 6, WATERLOOVILLE, PO7 7UG
Incorporated 04/04/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Lorna Palmer

secretary · Since 04/04/2008

Mr Richard Palmer

director · Since 04/04/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mrs Lorna Jane Palmer

director · Since 01/09/2019

FINANCIAL & HR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Richard Palmer

Significant control

British · United Kingdom · Age 58

Unit 6, Aysgarth Road, Waterlooville, PO7 7UG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 13/08/2021Registered 17/08/2021

CompanyRankvs 126934+ SIC 82990 peers
25

Financial strength19th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
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 strength5/25 pts

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

Employees0/15 pts

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

Liquidity0/20 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 31/03/2025

Net Worth

£1

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

Signed by 06555212 2024-04-01 2025-03-31 06555212 2025-03-31 06555212 core:RetainedEarningsAccumulatedLosses 2025-03-31 06555212 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20222.01+£198k
20211.39

Derived from filed accounts. Not audited figures.