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P.A.L.S. Packaging & Leisure Solutions Ltd

08858104

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 LARKSPUR AVENUE, NEWCASTLE UPON TYNE, NE5 1DG
Incorporated 23/01/2014

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 08/01/2026

Due 22/01/2027

On track

Industry

46900
Non-specialised wholesale trade

Officers

Mr Jaswinder Singh

director · Since 23/01/2014

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Mr Jaswinder Singh

Significant control

English · United Kingdom · Age 49

2, Larkspur Avenue, Newcastle Upon Tyne, NE5 1DG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 08/01/2020Registered 09/01/2020

CompanyRankvs 8859+ SIC 46900 peers
47

Financial strength79th percentile among SIC peers · 20/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.38× · 2/20
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 strength20/25 pts

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

Employees7/15 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 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 31/01/2025

Net Worth

£86k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£58k

Working capital

Current Assets

£36k

Current Liabilities

£94k

Fixed Assets

£159k

Debtors

£5k

1avg. employees

Balance Sheet

Assets less current liabilities£102k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38+£3k
20240.41-£120
20230.45

Derived from filed accounts. Not audited figures.