Palomar Ltd
12160616
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2024
micro entity
Next accounts due
31/05/2026
Confirmation statement
Last: 15/08/2025
Due 29/08/2026
Industry
Officers
Persons with Significant Control
Mr Aly Bayoumy Aly Hussein
British · England · Age 53
35, Gloucester Road, Bristol, BS7 8AD
Notified 16/08/2019
CompanyRankvs 24903+ SIC 56101 peers35
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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 31/08/2023
Net Worth
-£167k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£186k
Working capital
Current Assets
£19k
Current Liabilities
£205k
Fixed Assets
£28k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.09 | -£41k |
| 2022 | 0.05 | -£58k |
| 2021 | 0.30 | -£33k |
| 2020 | 0.49 | — |
Derived from filed accounts. Not audited figures.