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21 Palma Road Limited

12268579

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

9 SILVER BIRCH MEWS, ILFORD, IG6 2SP
Incorporated 17/10/2019

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Syam Bapamah

director · Since 17/10/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Syam Bapamah

75–100% shares

British · England · Age 54

9, Silver Birch Mews, Ilford, IG6 2SP

Notified 17/10/2019

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 30/04/2020Registered 01/05/2020

CompanyRankvs 216626+ SIC 68209 peers
26

Financial strength10th percentile among SIC peers · 3/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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21662621 Palma Road Limited
35
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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 31/10/2025

Net Worth

-£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£226k

Working capital

Current Assets

£0

Current Liabilities

£226k

Fixed Assets

£205k

1avg. employees

Balance Sheet

Assets less current liabilities-£21k
Signed by 4 21 PALMA ROAD LIMITEDPrepared with TinyTax

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£39k
2024—+£36k

Derived from filed accounts. Not audited figures.