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Palisadesecure Technologies Ltd

12700238

active
ltd
england wales
Companies House
Insolvency history
Health Score
60 / 100

Some Concerns

30/30
Filing
10/30
Financial
20/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

1434 London Road, Leigh-On-Sea, SS9 2UL
Incorporated 26/06/2020

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

29/03/2027

On track

Confirmation statement

Last: 06/06/2026

Due 20/06/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Luke Alexander Drewer

director · Since 26/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 14 other boards

Luke Alexander Drewer

director · Since 26/06/2020

British · England · Age 48

Persons with Significant Control

Mr Luke Alexander Drewer

75–100% shares
75–100% votes

British · England · Age 48

Suite 6 Burley House, 15 High Street, Rayleigh, SS6 7EW

Notified 26/06/2020

Insolvency History1 case

creditors voluntary liquidation20/08/2026

David Farmer (practitioner) · Lloyd Christopher Biscoe (practitioner)

Change History

statusactive
2026-07-12

Active

typeltd
2026-07-12

Private Limited Company

address line11434 London Road
2026-07-12

1434 LONDON ROAD

post townLeigh-On-Sea
2026-07-12

LEIGH-ON-SEA

CompanyRankvs 27815+ SIC 62012 peers
42

Financial strength45th percentile among SIC peers · 11/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength11/25 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.

Liquidity6/20 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£106

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£546k

Current Liabilities

£552k

Fixed Assets

£7k

Debtors

£516k

9avg. employees+9

Balance Sheet

Assets less current liabilities£1k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.99
20240.99
20231.01

Derived from filed accounts. Not audited figures.