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Palati It Ltd

11289891

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 327, STRATFORD WORKSHOPS, LONDON, E15 2SP
Incorporated 04/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
96090
Other personal service activities

Officers

Mr. Agathangelos Vouniotis

director · Since 04/04/2018

BUSINESS CONSULTANT

CYPRIOT · ENGLAND · Age 53

Also on 13 other boards

Persons with Significant Control

Mr Agathangelos Vouniotis

75–100% shares

Cypriot · United Kingdom · Age 53

Unit 327, Stratford Workshops, Burford Road, London, E15 2SP

Notified 04/04/2018

CompanyRankvs 60999+ SIC 62020 peers
49

Financial strength57th percentile among SIC peers · 14/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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60999Palati It Ltd
49
How is this score calculated?
Financial strength14/25 pts

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

Employees0/15 pts

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

Liquidity12/20 pts

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

Longevity8/15 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 30/04/2019

Net Worth

£7k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£25k

Current Liabilities

£18k

Debtors

£16k

Tax at Year End

Corp tax£2k

Director Loans

Company owes directors£14k

Balance Sheet

Assets less current liabilities£7k
Signed by Mr Agathangelos Vouniotis 11 April 2020Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20191.41

Derived from filed accounts. Not audited figures.