The Palms Resorts Ltd
09353049
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 11/04/2026
Due 25/04/2027
Industry
Officers
director · Since 14/02/2017
DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 41 other boards
Persons with Significant Control
Mr Vipin Luthra
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 peers76
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 204.32 | -£166k |
| 2024 | 265.55 | -£8k |
| 2023 | 2556.55 | -£47k |
| 2022 | 47.17 | +£168k |
| 2021 | 2242.35 | +£299k |
| 2020 | 576.69 | -£24k |
| 2019 | 2.62 | — |
Derived from filed accounts. Not audited figures.