Paloform Distribution (Uk) Limited
10494249
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Ashish Menon
Canadian · United Arab Emirates · Age 55
15, Hanover Square, London, W1S 1HS
Notified 31/08/2020
Former PSCs
Birketts Nominees Limited
Ceased 15/12/2016
Arun Menon
Ceased 31/08/2020
CompanyRankvs 42666+ SIC 47910 peers43
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2025
Net Worth
-£26k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£26k
Working capital
Current Assets
£6k
Current Liabilities
£32k
Debtors
£4k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.20 | +£490 | £14k |
| 2024 | 0.53 | +£2k | £14k |
| 2023 | 0.44 | +£574 | £21k |
| 2022 | 0.57 | +£1k | — |
| 2021 | 0.72 | -£12k | £93k |
| 2020 | 0.63 | +£814 | £93k |
| 2019 | 0.73 | -£437 | £99k |
| 2018 | 0.45 | — | £99k |
Derived from filed accounts. Not audited figures.