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Palette Property Limited

12287002

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

WING 1, 9TH FLOOR BERKELEY SQUARE HOUSE, LONDON, W1J 6BY
Incorporated 29/10/2019

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 08/08/2025

Due 22/08/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Rahul Mehta

director · Since 29/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 28 other boards

Persons with Significant Control

Lyrata Limited

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

Wing 1, Level 9, Berkeley Square House, Berkeley Square, London, W1J 6BY

Reg: 16217537 · England And Wales · Private Company Limited By Shares

Notified 30/01/2025

Former PSCs

Mr Rahul Mehta

Ceased 08/08/2022

Amryta Capital Llp

Ceased 30/01/2025

Charges1 outstanding

Charge
outstanding

VICTORIA MUTUAL FINANCE LTD

Created 07/02/2020Registered 11/02/2020

CompanyRankvs 40375+ SIC 68209 peers
58

Financial strength92th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.75× · 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 31/10/2024

Net Worth

£740k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£108k

Working capital

Current Assets

£137k

Current Liabilities

£29k

Fixed Assets

£1.2M

0avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.75+£716k
2023+£16k
20220.01-£13
20210.02+£3k
20200.10

Derived from filed accounts. Not audited figures.