Palm Palace Restaurant Limited
11105005
Details
Compliance
Last accounts
31/12/2023
micro entity
Next accounts due
30/09/2025
Confirmation statement
Last: 10/12/2024
Due 24/12/2025
Industry
Officers
director · Since 11/12/2017
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 6 other boards
Persons with Significant Control
Mr Nadir Ali
British · United Kingdom · Age 43
3 Marigold Lodge, 8 Salcombe Gardens, London, NW7 2NN
Notified 11/12/2017
Insolvency History1 case
Jasmine Baxter (practitioner) · Rikki Burton (practitioner)
CompanyRankvs 15+ SIC 56102 peers14
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2023
Net Worth
£248k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£248k
Working capital
Current Assets
—
Current Liabilities
£248k
Balance Sheet