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Palisadesecure Technologies Ltd

12700238

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1434 LONDON ROAD, LEIGH-ON-SEA, SS9 2UL
Incorporated 26/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

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

CompanyRankvs 38558+ SIC 62012 peers
42

Financial strength49th percentile among SIC peers · 12/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 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.

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.

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

£463

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£569k

Current Liabilities

£572k

Fixed Assets

£5k

Debtors

£535k

0avg. employees-8

Balance Sheet

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

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99
20231.01+£4k
20221.01
20211.04

Derived from filed accounts. Not audited figures.