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Palmer & Rise Limited

10009900

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

THE POST OFFICE & LONDIS, BETWS-Y-COED, LL24 0AB
Incorporated 17/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Aisha Ahsan Abbasi

secretary · Since 17/02/2016

Also on 3 other boards

Mrs Aisha Ahsan Abbasi

director · Since 17/02/2016

NONE

BRITISH · WALES · Age 48

Also on 3 other boards

Mr Nadeem Ahsan Abbasi

director · Since 17/02/2016

COMPANY DIRECTOR

BRITISH · WALES · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Nadeem Ahsan Abbasi

50–75% shares
50–75% votes

British · Wales · Age 52

The Post Office & Londis, Holyhead Road, Betws-Y-Coed, LL24 0AB

Notified 16/02/2017

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 17/07/2020Registered 21/07/2020
Charge
outstanding

HSBC UK BANK PLC

Created 15/05/2019Registered 15/05/2019
Charge
outstanding

HSBC BANK PLC

Created 19/05/2016Registered 19/05/2016
Charge
outstanding

HSBC BANK PLC

Created 09/05/2016Registered 18/05/2016

CompanyRankvs 4358+ SIC 47110 peers
56

Financial strength96th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£305k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£469k

Working capital

Current Assets

£210k

Current Liabilities

£679k

Fixed Assets

£1.5M

58avg. employees-4

Balance Sheet

Intangible assets£8k
Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.31+£17k
20230.33+£38k
20220.32+£22k
20210.36+£72k
20200.56+£62k
20190.38+£21k
20180.52

Derived from filed accounts. Not audited figures.