Palmer Industries Limited
12652447
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Hassan Ali Khan
British · United Kingdom · Age 55
27, Old Gloucester, London, WC1N 3AX
Notified 02/05/2025
CompanyRankvs 1648+ SIC 61200 peers49
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2024
Net Worth
£2k
Balance sheet strength
Cash
£19k
Cash in the bank
Net Current Assets
-£117k
Working capital
Current Assets
£107k
Current Liabilities
£225k
Fixed Assets
£119k
Debtors
£62k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.48 | +£14k | £432k |
| 2023 | 0.39 | +£25k | £396k |
| 2022 | 0.23 | -£123k | £395k |
| 2021 | 0.60 | — | — |
Derived from filed accounts. Not audited figures.