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Pals Packaging And Leisure Solution 2 Ltd

11751865

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

2 LARKSPUR AVENUE, NEWCASTLE UPON TYNE, NE5 1DG
Incorporated 07/01/2019

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 06/01/2026

Due 20/01/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Jaswinder Singh

director · Since 07/01/2019

GENERAL MANAGER

ENGLISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Mr Jaswinder Singh

75–100% shares
75–100% votes
Appoint directors

English · United Kingdom · Age 48

87, Edge Hill, Newcastle Upon Tyne, NE20 9JQ

Notified 07/01/2019

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 08/01/2020Registered 09/01/2020
Charge
outstanding

SANTANDER UK PLC

Created 08/01/2020Registered 09/01/2020

CompanyRankvs 3786+ SIC 47110 peers
58

Financial strength90th percentile among SIC peers · 23/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.97× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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.

Longevity7/15 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.

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 31/01/2025

Net Worth

£116k

Balance sheet strength

Cash

£878

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£41k

Current Liabilities

£10k

Fixed Assets

£99k

Debtors

£40k

1avg. employees

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£129k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.97-£8k
202426.68-£623
202315.79+£27k
20220.03+£14k
20210.37+£79k
20200.51

Derived from filed accounts. Not audited figures.