Back to search

Palm Lakes Ltd

08449959

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 8612+ 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
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Land Management Group Limited
90
8Abbott Bros.(Kent),Limited
90
9Stonewood Securities Limited
90
10Braintree Bungalows Limited
90
8612Palm Lakes Ltd
75
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+£277k
202223.14+£7k
20210.77+£93
20200.80+£6k
20193.10—
20180.31—

Derived from filed accounts. Not audited figures.