Back to search

Palm Property Developments Ltd

10171480

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)
  • Current liabilities exceed current assets (-10)

Details

14TH FLOOR, LONDON, W1G 0PW
Incorporated 10/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Kiran Antoni Sotiri

director · Since 10/05/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 3 other boards

Mr Peter Antoni Sotiri

director · Since 10/05/2016

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 5 other boards

Persons with Significant Control

Palm Property Group Ltd

75–100% shares

14th Floor, 33 Cavendish Square, London, W1G 0PW

Reg: 11496629 · Companies House · Limited By Shares

Notified 03/08/2018

Former PSCs

Mr Peter Antoni Sotiri

Ceased 03/08/2018

Mr Kiran Antoni Sotiri

Ceased 03/08/2018

CompanyRankvs 44058+ SIC 41202 peers
44

Financial strength3th percentile among SIC peers · 1/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Carver (Wolverhampton) Limited
90
2J.W.Stratton Limited
90
3James O'Flanagan Limited
90
4Taylor Lindsey Limited
90
5S.D. Holdings Limited
90
6H.H.Adkins(Contractors)Limited
90
7Dutton And Peters Limited
90
8Kebbell Development Limited
90
9A. Hammond & Sons Limited
90
10R.C. Pillar & Sons Ltd
90
44058Palm Property Developments Ltd
40
How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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 31/05/2024

Net Worth

-£108k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£97k

Working capital

Current Assets

£101k

Current Liabilities

£198k

Fixed Assets

£545

Debtors

£87k

3avg. employees

Tax at Year End(2022)

Corp tax£2k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities-£96k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£3k
20230.50-£46k
20220.75—
20201.80—
20180.27—

Derived from filed accounts. Not audited figures.