Palm Tree House Ltd
10948252
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/09/2017
DIRECTOR
BRITISH · ENGLAND · Age 73
Also on 2 other boards
Persons with Significant Control
Mr Kin Wa Lau
British · England · Age 47
1st Floor, 44, Worship Street, London, EC2A 2EA
Notified 01/09/2020
Former PSCs
Siu Wang Samuel Chu
Ceased 06/09/2020
CompanyRankvs 28384+ SIC 56101 peers31
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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 31/10/2024
Net Worth
-£174k
Balance sheet strength
Cash
£196
Cash in the bank
Net Current Assets
-£101k
Working capital
Current Assets
£40k
Current Liabilities
£142k
Fixed Assets
£2k
Debtors
£40k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.28 | -£5k |
| 2023 | 0.36 | -£180k |
| 2022 | 1.05 | -£121k |
| 2021 | 3.59 | +£176k |
| 2020 | 0.36 | — |
Derived from filed accounts. Not audited figures.