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Palm Lakes Ltd

08449959

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

81 DARENTH ROAD, LONDON, N16 6EB
Incorporated 18/03/2013

Compliance

Last accounts

31/05/2025

unaudited abridged

Next accounts due

24/02/2027

On track

Confirmation statement

Last: 25/02/2026

Due 11/03/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Allan Solinsky

director · Since 18/03/2013

DIRECTOR

AMERICAN · ENGLAND · Age 80

Also on 20 other boards

Mrs Katalin Solinsky

secretary · Since 07/06/2022

Persons with Significant Control

Mr Allan Solinsky

75–100% shares
75–100% votes
Appoint directors

American · England · Age 80

115 Craven Park Road, South Tottenham, N15 6BL

Notified 01/03/2017

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 16/03/2023Registered 20/03/2023
Charge
satisfied

ASPEN BRIDGING LIMITED

Created 18/06/2021Registered 25/06/2021Satisfied 08/09/2022
Charge
satisfied

E.G.T BRIDGING FINANCE LIMITED

Created 29/08/2018Registered 29/08/2018Satisfied 21/02/2021
Charge
satisfied

E.G.T BRIDGING FINANCE LIMITED

Created 29/08/2018Registered 29/08/2018Satisfied 21/02/2021

CompanyRankvs 8673+ SIC 68100 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 47.68× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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.

Longevity13/15 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 31/05/2025

Net Worth

£632k

Balance sheet strength

Cash

£26

Cash in the bank

Net Current Assets

£402k

Working capital

Current Assets

£411k

Current Liabilities

£9k

Debtors

£411k

0avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202547.68+£0
202547.68+£5k
2024119.05+£5k
202348.15

Derived from filed accounts. Not audited figures.