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W Palace Production Limited

10535683

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

62-64 CARNARVON ROAD, CLACTON-ON-SEA, CO15 6QA
Incorporated 21/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
68209
Other letting and operating of own or leased real estate

Officers

Mrs Wing Kam Ho

director · Since 21/12/2016

DIRECTOR

CHINESE · ENGLAND · Age 48

Persons with Significant Control

Mrs Wing Kam Ho

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

Chinese · England · Age 48

2nd Floor, 107 Charterhouse Street, London, EC1M 6HW

Notified 21/12/2016

CompanyRankvs 58118+ SIC 47910 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.07× · 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.

Employees8/15 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 31/12/2025

Net Worth

-£108k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£186k

Working capital

Current Assets

£14k

Current Liabilities

£200k

Fixed Assets

£79k

1avg. employees

Balance Sheet

Assets less current liabilities-£108k
Signed by Mrs Wing Ho 19/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£0
20250.07-£9k
20240.11-£2k
20230.12+£620
20220.14-£7k
202111.37

Derived from filed accounts. Not audited figures.