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The Palms Resorts Ltd

09353049

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

265 THE LONG LODGE, 265-269 KINGSTON RD, LONDON, SW19 3NW
Incorporated 12/12/2014

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/04/2026

Due 25/04/2027

On track

Industry

55100
Hotels and similar accommodation
68202
Letting and operating of conference and exhibition centres
68209
Other letting and operating of own or leased real estate
79909
Other reservation service activities

Officers

Mr Vipin Luthra

director · Since 30/10/2015

COMPANY DIRECTOR

INDIAN · INDIA · Age 65

Mr Rakesh Wadhwa

director · Since 14/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 41 other boards

Persons with Significant Control

Mr Vipin Luthra

Significant control

Indian · India · Age 65

265, The Long Lodge, 265-269 Kingston Rd, London, SW19 3NW

Notified 20/10/2016

Former PSCs

Mr Pritam Singjh Atree

Ceased 10/08/2023

Mr Mayoor Motichand Parekh

Ceased 21/04/2017

CompanyRankvs 7470+ SIC 55100 peers
76

Financial strength87th percentile among SIC peers · 22/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 204.32× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees8/15 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.

Longevity11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£809k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£814k

Current Liabilities

£4k

2avg. employees+2

Balance Sheet

Assets less current liabilities£810k
Signed by 09353049 2024-04-01 2025-03-31 09353049 2025-03-31 09353049 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
2025204.32-£166k
2024265.55-£8k
20232556.55-£47k
202247.17+£168k
20212242.35+£299k
2020576.69-£24k
20192.62

Derived from filed accounts. Not audited figures.