Palm 2 Palm Ltd
10832209
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/06/2024
total exemption full
Next accounts due
23/06/2026
Confirmation statement
Last: 09/07/2025
Due 23/07/2026
Industry
Officers
Former
director · Resigned 20/11/2023
Persons with Significant Control
Mr Mustafa Mert Gulhan
British · England · Age 27
286b, Chase Road, London, N14 6HF
Notified 22/06/2017
Ayla Gulhan
British · England · Age 57
286b, Chase Road, London, N14 6HF
Notified 09/07/2025
Former PSCs
Mr Erbil Gulhan
Ceased 09/07/2025
Charges2 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS SECURITY TRUSTEE LIMITED
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
Change History
Active
Private Limited Company
286B CHASE ROAD
LONDON
CompanyRankvs 1915+ SIC 88100 peers57
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2024
Net Worth
£295k
Balance sheet strength
Cash
£82k
Cash in the bank
Net Current Assets
-£89k
Working capital
Current Assets
£126k
Current Liabilities
£215k
Fixed Assets
£445k
Debtors
£44k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.59 | +£88k |
| 2023 | 0.83 | +£91k |
| 2022 | 0.38 | +£65k |
| 2021 | 0.23 | +£49k |
| 2020 | 0.19 | +£33k |
| 2019 | — | -£14k |
Derived from filed accounts. Not audited figures.