Back to search

Palmes Engineering Services Ltd

10039178

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

87 CHANCERY LANE, LONDON, WC2A 1ET
Incorporated 02/03/2016

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/03/2026

Due 15/03/2027

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Alfredo Palmes Ferrera

director · Since 02/03/2016

PROJECT ENGINEER

SPANISH · SWITZERLAND · Age 41

Persons with Significant Control

Mr Alfredo Palmes Ferrera

75–100% shares
75–100% votes
Appoint directors

Spanish · Switzerland · Age 41

87, Chancery Lane, London, WC2A 1ET

Notified 06/04/2016

CompanyRankvs 1280+ SIC 71121 peers
71

Financial strength85th percentile among SIC peers · 21/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 19.55× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees5/15 pts

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

Liquidity20/20 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 31/03/2025

Net Worth

£95k

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£100k

Current Liabilities

£5k

1avg. employees

Tax at Year End

Corp tax£5k

Director Loans(2024)

Company owes directors£62k

Balance Sheet

Assets less current liabilities£95k
Signed by Mr Alfredo Palmes Fererra 29/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202519.55-£12k
202412.21-£8k
20232.60

Derived from filed accounts. Not audited figures.