Palace Wines & Foods Limited
11715791
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/12/2018
DIRECTOR
PAKISTANI · UNITED KINGDOM · Age 42
Also on 1 other board
Persons with Significant Control
Mr Fahad Qayyum
Pakistani · United Kingdom · Age 42
71c High Street, Thornton Heath, CR7 8RY
Notified 06/12/2018
Charges1 outstanding
ALLICA BANK LIMITED
CompanyRankvs 6608+ SIC 47110 peers55
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
£34k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
£54k
Working capital
Current Assets
£117k
Current Liabilities
£63k
Fixed Assets
£12k
Debtors
£4k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.85 | +£30k |
| 2024 | 1.37 | +£575 |
| 2023 | 1.98 | — |
| 2022 | 1.01 | — |
| 2021 | 297.93 | — |
| 2019 | 1.05 | — |
Derived from filed accounts. Not audited figures.