Palace Court Hotel Ltd
08405071
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 17/11/2025
Due 01/12/2026
Industry
Officers
Persons with Significant Control
Mr Zaid Al-Katib
British · England · Age 37
3 Hobbs House, Harrovian Business Village, Bessborough Road, Harrow, HA1 3EX
Notified 01/11/2023
Former PSCs
Marashen Limited
Ceased 10/11/2023
Charges2 outstanding
EUROPE ARAB BANK PLC
EUROPE ARAB BANK PLC
CompanyRankvs 9258+ SIC 55100 peers23
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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.
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
-£462k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£310k
Working capital
Current Assets
£206k
Current Liabilities
£518k
Fixed Assets
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.40 | — |
| 2024 | 0.38 | — |
| 2023 | 0.26 | -£303k |
| 2022 | 0.70 | -£206k |
| 2021 | 1.17 | — |
| 2020 | 2.27 | — |
| 2019 | 1.97 | — |
Derived from filed accounts. Not audited figures.