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Palace Gate Trading Limited

08450942

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 HOLBROOK GARDENS, WATFORD, WD25 8AB
Incorporated 19/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64991
Security dealing on own account

Officers

Mr Alkesh Patel

director · Since 19/03/2013

TRADER

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mrs Charlotte Patel

director · Since 19/03/2013

TRADER

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Alkesh Patel

25–50% shares

British · England · Age 55

5, Holbrook Gardens, Watford, WD25 8AB

Notified 06/04/2016

Mrs Charlotte Patel

25–50% shares

British · England · Age 49

5, Holbrook Gardens, Watford, WD25 8AB

Notified 01/01/2021

Former PSCs

Miss Charlotte Bushell

Ceased 01/01/2021

Charges0 outstanding

Charge
satisfied

INVESTEC BANK PLC

Created 19/01/2021Registered 22/01/2021Satisfied 06/06/2025

CompanyRankvs 407+ SIC 64991 peers
72

Financial strength79th percentile among SIC peers · 20/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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

£234k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£234k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.2M

2avg. employees

Balance Sheet

Assets less current liabilities£234k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19-£74k
20241.26-£89k
20231.34-£38k
20221.28-£180k
20211.36

Derived from filed accounts. Not audited figures.