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Palm Panasia Deane Gate Limited

12382854

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

Newfrith House, 21 Hyde Street, Winchester, SO23 7DR
Incorporated 02/01/2020

Compliance

Last accounts

31/01/2021

total exemption full

Next accounts due

31/10/2022

Overdue

Confirmation statement

Last: 02/01/2024

Due 16/01/2025

Overdue

Industry

56101
Licensed restaurants

Officers

Mr Fahim Meah

director · Since 02/01/2020

DIRECTOR

BRITISH · ENGLAND

Also on 5 other boards

Fahim Meah

director · Since 02/01/2020

British · England

Persons with Significant Control

Mr Fahim Meah

25–50% shares
25–50% votes

British · England

Notified 02/01/2020

Palm Panasia Ltd

50–75% shares
50–75% votes
Appoint directors

Reg: 08582773 · Companies House · Limited Liability Company

Notified 01/12/2020

Change History

status → active
2026-08-21

Active - Proposal to Strike off

type → ltd
2026-08-21

Private Limited Company

address line1 → Newfrith House
2026-08-21

NEWFRITH HOUSE

post town → Winchester
2026-08-21

WINCHESTER

officer appointed → MEAH, Fahim
2026-08-21

CompanyRankvs 20031+ SIC 56101 peers
40

Financial strength28th percentile among SIC peers · 7/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength7/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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 compliance0/15 pts

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 31/01/2021

Net Worth

-£4k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£155k

Current Liabilities

£128k

Fixed Assets

£16k

Debtors

£127k

23avg. employees

Tax at Year End

Corp tax£3k

Director Loans

Directors owe company£11k

Balance Sheet

Assets less current liabilities£43k
Prepared with BTCSoftware AP Solution 2022 9.2.01

EstimatesDerived

YearCurrent Ratio
20211.21

Derived from filed accounts. Not audited figures.