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Property Palace Limited

09924062

activeactive proposal to strike off
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

48 High Street, London, E17 7LD
Incorporated 21/12/2015

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/07/2025

Due 09/08/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mohammad Saqib

director · Since 21/12/2015

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Mohammad Saqib

director · Since 21/12/2015

British · United Kingdom · Age 49

Former

Anisa Khan

secretary · Resigned 23/07/2018

Persons with Significant Control

Mr Mohammad Saqib

75–100% shares

British · United Kingdom · Age 49

48 High Street, London, E17 7LD

Notified 20/12/2016

Change History

status → active
2026-07-15

Active

type → ltd
2026-07-15

Private Limited Company

address line1 → 48 High Street
2026-07-15

48 HIGH STREET

post town → London
2026-07-15

LONDON

CompanyRankvs 143543+ SIC 68209 peers
46

Financial strength21th percentile among SIC peers · 5/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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143543Property Palace Limited
45
How is this score calculated?
Financial strength5/25 pts

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

Employees3/15 pts

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

Liquidity12/20 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 31/12/2023

Net Worth

-£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£488

Working capital

Current Assets

£27k

Current Liabilities

£27k

0avg. employees

Balance Sheet

Assets less current liabilities£488
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20231.02

Derived from filed accounts. Not audited figures.