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Palletland Limited

07167710

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

HIJAZI HOUSE, WEST BROMWICH, B70 0FD
Incorporated 24/02/2010

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

16240
Manufacture of wooden containers

Officers

Mr Karim Hijazi

director · Since 01/11/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 27

Also on 2 other boards

Mr Saleh Hijazi

director · Since 01/11/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

The Pallet Group Limited

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

Hijazi House, Charles Street, West Bromwich, B70 0FD

Reg: 05859110 · Companies House - England · Limited Company

Notified 02/11/2023

Former PSCs

Mrs Gillian Catherine Slater

Ceased 02/11/2023

Mr Ian Peter Slater

Ceased 02/11/2023

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 19/01/2024Registered 06/02/2024
Charge
outstanding

HSBC UK BANK PLC

Created 29/11/2023Registered 30/11/2023
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 02/11/2023Registered 15/11/2023
Charge
outstanding

IAN PETER SLATER AND GILLIAN SLATER

Created 02/11/2023Registered 03/11/2023
Charge
satisfied

LOMBARD NORTH CENTRAL PUBLIC LIMITED COMPANY

Created 28/02/2018Registered 09/03/2018Satisfied 13/06/2023

CompanyRankvs 15+ SIC 16240 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.01× · 20/20
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 strength25/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£5.0M

Balance sheet strength

Cash

£125k

Cash in the bank

Net Current Assets

£4.6M

Working capital

Current Assets

£5.3M

Current Liabilities

£661k

Fixed Assets

£439k

Debtors

£4.9M

Profit After Tax

-£53k

39avg. employees+6

Tax at Year End

Corp tax£0
Dividends paid£72k

Balance Sheet

Intangible assets£0
Assets less current liabilities£5.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20248.01+£167k
202312.54-£126k
20239.38

Derived from filed accounts. Not audited figures.