Palama Developments Limited
08782566
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/11/2013
MANAGER
BRITISH · UNITED KINGDOM · Age 38
Also on 10 other boards
Persons with Significant Control
Mr Harjit Singh Kang
British · United Kingdom · Age 38
Round Coppice Farm, Denham Road, Iver, SL0 0PH
Notified 11/10/2016
Charges2 outstanding
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CompanyRankvs 13612+ SIC 41100 peers63
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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 31/05/2020
Net Worth
£280k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£920k
Working capital
Current Assets
£1.8M
Current Liabilities
£925k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | 1.99 | +£0 |
| 2018 | 1.99 | — |
Derived from filed accounts. Not audited figures.