Palea Construction Ltd
11105669
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 07/12/2025
Due 21/12/2026
Industry
Officers
Persons with Significant Control
Mr Vasile Palea
Romanian · United Kingdom · Age 34
74, Garner Road, London, E17 4HH
Notified 11/12/2017
CompanyRankvs 10869+ SIC 41201 peers58
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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 31/12/2024
Net Worth
£4k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
£16k
Working capital
Current Assets
£16k
Current Liabilities
£12k
Debtors
£14k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.35 | — |
| 2023 | 1.04 | — |
| 2022 | 0.65 | -£18k |
| 2021 | 11.90 | -£1k |
| 2020 | 14.51 | +£2k |
| 2019 | 1.80 | +£4k |
| 2018 | 1.45 | — |
Derived from filed accounts. Not audited figures.