Palladium Bay Limited
12347983
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
dormant
Next accounts due
31/12/2026
Confirmation statement
Last: 03/12/2025
Due 17/12/2026
Industry
Officers
director · Since 04/12/2019
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 4 other boards
Persons with Significant Control
Mr Vinay Jayantilal Shah
British · England · Age 51
9-11, New Broadway, London, W5 5AW
Notified 04/12/2019
Charges1 outstanding
Metro Bank PLC
Change History
Active
Private Limited Company
9-11 NEW BROADWAY
LONDON
CompanyRankvs 9864+ SIC 64209 peers54
Show leaderboard
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 31/03/2025
Net Worth
£453
Balance sheet strength
Cash
£277k
Cash in the bank
Net Current Assets
£398k
Working capital
Current Assets
£424k
Current Liabilities
£27k
Debtors
£148k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 15.85 | — |
| 2024 | 1095.06 | -£63k |
| 2023 | 0.81 | — |
Derived from filed accounts. Not audited figures.