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Palah Limited

07718947

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

VERDEMAR HOUSE, WHITLEY BAY, NE26 3QR
Incorporated 26/07/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Colin Hoggins

director · Since 26/07/2011

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr Colin Hoggins

50–75% shares
50–75% votes
Appoint directors
Significant control

British · England · Age 55

Verdemar House, 230 Park View, Whitley Bay, NE26 3QR

Notified 06/04/2016

Former PSCs

Miss Erica Ann White

Ceased 01/08/2016

CompanyRankvs 32986+ SIC 62020 peers
64

Financial strength37th percentile among SIC peers · 9/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 31/07/2020

Net Worth

£188

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£61k

Current Liabilities

£28k

Fixed Assets

£2k

Debtors

£40k

1avg. employees

Balance Sheet

Assets less current liabilities£35k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20202.19
20190.96
20180.94

Derived from filed accounts. Not audited figures.