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The Palace Ballroom Limited

09608503

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

51 MARKET STREET, WIGAN, WN2 3AE
Incorporated 26/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts

Officers

Mrs Kathryn Alice Hurst

director · Since 30/03/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mrs Kathryn Alice Hurst

75–100% shares

British · England · Age 46

51, Market Street, Wigan, WN2 3AE

Notified 06/04/2016

Former PSCs

Mr Philip George Hurst

Ceased 16/08/2024

CompanyRankvs 8958+ SIC 90010 peers
42

Financial strength9th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
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 strength2/25 pts

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

Employees14/15 pts

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

Liquidity0/20 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 31/05/2024

Net Worth

-£13k

Balance sheet strength

Cash

£77

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

Current Liabilities

£13k

Fixed Assets

£5k

3avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities-£8k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£2k
20230.22-£7k
20220.80
20213.34

Derived from filed accounts. Not audited figures.