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Palombo Restaurant Limited

09943628

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

44 EVESHAM WAY, LONDON, SW11 5QX
Incorporated 11/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Biagio Palombo

director · Since 11/01/2016

RESTAURANTER

ITALIAN · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Biagio Palombo

75–100% shares

Italian · United Kingdom · Age 40

44, Evesham Way, London, SW11 5QX

Notified 06/04/2016

CompanyRankvs 12377+ SIC 56101 peers
53

Financial strength88th percentile among SIC peers · 22/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio -0.88× · 2/20
Longevity10 years trading (max 15) · 10/15
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.

Employees4/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/03/2024

Net Worth

£118k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£150k

Working capital

Current Assets

£70k

Current Liabilities

-£80k

Fixed Assets

£2k

1avg. employees

Tax at Year End(2023)

Corp tax£2k
VAT£2k

Director Loans(2023)

Company owes directors£18k

Balance Sheet

Assets less current liabilities£152k
Signed by Mr Biagio Palombo 18th December 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.88+£48k
20231.13+£56k£43k
20221.26+£25k
20210.11+£0
20200.11+£1k
20190.01

Derived from filed accounts. Not audited figures.