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Pala Innovations Limited

11039891

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

144 SOMERVELL ROAD, HARROW, HA2 8TS
Incorporated 31/10/2017

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

46900
Non-specialised wholesale trade
47190
Other retail sale in non-specialised stores
71122
Engineering related scientific and technical consulting activities
74100
Specialised design activities

Officers

Mr Jagdish Pala

secretary · Since 31/10/2017

Mr Amit Pala

director · Since 31/10/2017

SENIOR APPLICATIONS ENGINEER

BRITISH · UNITED KINGDOM · Age 42

Mr Hiren Pala

director · Since 31/10/2017

FINANCE

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Mr Kishen Pala

director · Since 31/10/2017

PROJECT ENGINEER

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Amit Jagdish Pala

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · United Kingdom · Age 42

144 Somervell Road, Somervell Road, Harrow, HA2 8TS

Notified 31/10/2017

CompanyRankvs 4651+ SIC 46900 peers
72

Financial strength65th percentile among SIC peers · 16/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 10.42× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/10/2024

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£16k

Current Liabilities

£2k

Fixed Assets

£3k

4avg. employees

Balance Sheet

Assets less current liabilities£19k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202410.42
20232.80
20220.65
20210.96+£747
20200.98-£9k
2019Infinity-£673
20180.30

Derived from filed accounts. Not audited figures.