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Palm Advisory Limited

09192993

active
ltd
england wales
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

Melbury House 34 Southborough Road, Bickley, Bromley, BR1 2EB
Incorporated 29/08/2014

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 29/08/2025

Due 12/09/2026

On track

Industry

65120
Non-life insurance

Officers

Mr Simon Robert Pringle

director · Since 29/08/2014

INSURANCE

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Harrison Hill Castle & Co

secretary · Since 10/09/2015

Simon Robert Pringle

director · Since 29/08/2014

British · United Kingdom · Age 67

Harrison Hill Castle & Co

corporate secretary · Since 10/09/2015

Persons with Significant Control

Mr Simon Robert Pringle

75–100% shares

British · United Kingdom · Age 67

Hawksden Forge, Witherenden Road, Mayfield, TN20 6RR

Notified 29/08/2016

Charges1 outstanding

Charge
outstanding

SIMON ROBERT PRINGLE

Created 23/09/2014Registered 08/10/2014

Change History

statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line1Melbury House 34 Southborough Road
2026-06-10

MELBURY HOUSE 34 SOUTHBOROUGH ROAD

post townBromley
2026-06-10

BROMLEY

officer appointedHARRISON HILL CASTLE & CO
2026-06-10
officer appointedPRINGLE, Simon Robert
2026-06-10

CompanyRankvs 3470+ SIC 65120 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 4.38× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees5/15 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.

Longevity12/15 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

£1.1M

Balance sheet strength

Cash

£113k

Cash in the bank

Net Current Assets

£129k

Working capital

Current Assets

£168k

Current Liabilities

£38k

Fixed Assets

£935k

Debtors

£54k

1avg. employees

Tax at Year End(2022)

Corp tax£36k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20254.38+£0
20254.38+£28k
20244.40-£6k
20232.73+£160k
20221.36+£113k
20211.17+£198k
20201.20
20190.48

Derived from filed accounts. Not audited figures.