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Palmviet Limited

10487274

active
Private Limited Company
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

36 GARNET STREET, LONDON, E1W 3QT
Incorporated 18/11/2016

Compliance

Last accounts

29/11/2024

micro entity

Next accounts due

29/08/2026

On track

Confirmation statement

Last: 21/05/2025

Due 04/06/2026

On track

Industry

47250
Retail sale of beverages in specialised stores
47290
Other retail sale of food in specialised stores
68209
Other letting and operating of own or leased real estate

Officers

Mr Long Hoang Vu

director · Since 14/06/2022

ENGINEER

VIETNAMESE · ENGLAND · Age 31

Persons with Significant Control

Mr Long Hoang Vu

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

Vietnamese · England · Age 31

36, Garnet Street, London, E1W 3QT

Notified 31/07/2023

Former PSCs

Mr Long Hoang Vu

Ceased 06/04/2017

Mrs Thuy Thanh Baillie

Ceased 14/06/2022

Mr Long Hoang Vu

Ceased 27/07/2023

CompanyRankvs 2831+ SIC 47250 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.13× · 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 strength1/25 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.

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 29/11/2024

Net Worth

-£290k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£153k

Current Liabilities

£1.2M

Fixed Assets

£782k

1avg. employees

Balance Sheet

Assets less current liabilities-£290k
Signed by Mr Long Vu 19/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13+£445
20230.12-£11k
20220.78-£78k
20210.00-£172k
20200.09-£4k
20190.65-£2k
20183.04

Derived from filed accounts. Not audited figures.