Back to search

Palm Panasia Ltd

08582773

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Unit 150, 16 City Business Centre, Hyde Street, Winchester, SO23 7TA
Incorporated 25/06/2013

Compliance

Last accounts

30/06/2022

total exemption full

Next accounts due

30/06/2024

Overdue

Confirmation statement

Last: 24/12/2023

Due 07/01/2025

Overdue

Industry

56101
Licensed restaurants

Officers

Mr Fahim Meah

director · Since 25/06/2013

DIRECTOR

BRITISH · ENGLAND

Also on 5 other boards

Mr Krishnamoorthy Ramakrishna

director · Since 25/06/2013

DIRECTOR

INDIAN · ENGLAND

Fahim Meah

director · Since 25/06/2013

British · England

Krishnamoorthy Ramakrishna

director · Since 25/06/2013

Indian · England

Persons with Significant Control

Gandhi Winchester Limited

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

Reg: 05992650 · Companies House · Limited Liability Company

Notified 06/04/2016

Former PSCs

Mr Krishnamoorthy Ramakrishna

Ceased 06/04/2016

Change History

status → active
2026-08-21

Active - Proposal to Strike off

type → ltd
2026-08-21

Private Limited Company

address line1 → Unit 150, 16 City Business Centre, Hyde Street
2026-08-21

UNIT 150, 16 CITY BUSINESS CENTRE,

post town → Winchester
2026-08-21

WINCHESTER

officer appointed → MEAH, Fahim
2026-08-21
officer appointed → RAMAKRISHNA, Krishnamoorthy
2026-08-21

CompanyRankvs 11310+ SIC 56101 peers
52

Financial strength95th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAccounts and CS overdue · 0/15
Show leaderboard
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.

Employees13/15 pts

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

Liquidity2/20 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 compliance0/15 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 30/06/2022

Net Worth

£373k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£321k

Working capital

Current Assets

£223k

Current Liabilities

£544k

Fixed Assets

£589k

Debtors

£165k

17avg. employees+5

Balance Sheet

Assets less current liabilities£267k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.41+£93k
20210.58—

Derived from filed accounts. Not audited figures.