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Palprop Limited

09248979

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

OFFICE 15 BRAMLEY HOUSE 2A BRAMLEY ROAD, NOTTINGHAM, NG10 3SX
Incorporated 06/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Bronwen Sian Vearncombe

director · Since 06/10/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 5 other boards

Mr John Alexander Gifford Vearncombe

director · Since 02/10/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Persons with Significant Control

Palprop Holdings Limited

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

Greenfields Lodge, Church Road, Swanmore, SO32 2PU

Reg: 12808182 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

Mr John Alexander Gifford Vearncombe

Ceased 06/04/2016

Mrs Bronwen Sian Vearncombe

Ceased 06/04/2016

Charges5 outstanding

Charge
outstanding

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SHAWBROOK BANK LIMITED

Created 28/06/2017Registered 29/06/2017
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 16/02/2017Registered 17/02/2017
Charge
satisfied

ONESAVINGS BANK PLC

Created 16/11/2016Registered 16/11/2016Satisfied 27/02/2019
Charge
outstanding

ONESAVINGS BANK PLC

Created 19/02/2016Registered 22/02/2016
Charge
satisfied

ALDERMORE BANK PLC

Created 02/12/2015Registered 05/12/2015Satisfied 27/02/2019
Charge
satisfied

ALDERMORE BANK PLC

Created 02/12/2015Registered 05/12/2015Satisfied 27/02/2019

CompanyRankvs 53336+ SIC 68209 peers
58

Financial strength90th percentile among SIC peers · 23/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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53336Palprop Limited
63
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.

Employees12/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

£605k

Balance sheet strength

Cash

£147k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£352k

Current Liabilities

£429k

Fixed Assets

£1.6M

Debtors

£204k

2avg. employees

Tax at Year End

Corp tax£61k
VAT£70k

Director Loans

Company owes directors£6k

Balance Sheet

Assets less current liabilities£1.5M
Signed by Mrs Bronwen Vearncombe 30/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.82+£181k£1.4M
20230.98+£98k£1.6M
20221.03+£222k£1.4M
20210.35+£35k—
20200.23-£112k£175k
20190.61-£10k£175k
20180.88—£154k

Derived from filed accounts. Not audited figures.