Palmer Steel Ltd
08262525
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/10/2012
FABRICATOR WELDER
SOUTH AFRICAN · UNITED KINGDOM · Age 45
Persons with Significant Control
Mr Bryan Gregory Palmer
South African · England · Age 45
Unit 3, Cornells Lane, Saffron Walden, CB11 3SP
Notified 16/08/2016
CompanyRankvs 1474+ SIC 25110 peers64
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2025
Net Worth
£43k
Balance sheet strength
Cash
£61k
Cash in the bank
Net Current Assets
£26k
Working capital
Current Assets
£108k
Current Liabilities
£82k
Fixed Assets
£17k
Debtors
£47k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.31 | +£24k |
| 2024 | 1.05 | -£8k |
| 2023 | 1.48 | — |
Derived from filed accounts. Not audited figures.