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Palmilla Limited

12534499

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

5A BEAR LANE, SOUTHWARK, SE1 0UH
Incorporated 25/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64991
Security dealing on own account

Officers

Mr Ian Edward Caswell

director · Since 25/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Jacqueline Caswell

director · Since 25/03/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Persons with Significant Control

Mr Ian Edward Caswell

25–50% shares
25–50% votes

British · England · Age 64

5a Bear Lane, Southwark, SE1 0UH

Notified 25/03/2020

Jacqueline Caswell

25–50% shares
25–50% votes

British · United Kingdom · Age 63

5a Bear Lane, Southwark, SE1 0UH

Notified 25/03/2020

Charges1 outstanding

Charge
outstanding

COUTTS & COMPANY

Created 07/12/2020Registered 09/12/2020

CompanyRankvs 1548+ SIC 64991 peers
39

Financial strength91th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity6 years trading (max 15) · 6/15
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.

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.

Longevity6/15 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 31/03/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£234k

Cash in the bank

Net Current Assets

-£5.8M

Working capital

Current Assets

£234k

Current Liabilities

£6.0M

Debtors

£268

0avg. employees-2

Tax at Year End

Corp tax-£200

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£301k
2024+£658k
2023-£689k
20220.02+£440k
20210.00

Derived from filed accounts. Not audited figures.