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Palprop Rentals Ltd

12718689

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

OFFICE 15 BRAMLEY HOUSE 2A BRAMLEY ROAD, NOTTINGHAM, NG10 3SX
Incorporated 04/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Bronwen Sian Vearncombe

director · Since 04/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mr John Alexander Gifford Vearncombe

director · Since 04/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Persons with Significant Control

Palprop Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Greenfields Lodge, Church Road, Swanmore, SO32 2PU

Reg: 12808182 · Companies House · Private Company Limited By Shares

Notified 01/08/2020

Former PSCs

Mr John Alexander Gifford Vearncombe

Ceased 01/08/2020

Mrs Bronwen Sian Vearncombe

Ceased 01/08/2020

Charges6 outstanding

Charge
outstanding

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Charge
outstanding

LENDCO LIMITED

Created 10/10/2025Registered 16/10/2025
Charge
outstanding

EMPOWERED TRUSTEES LTD

Created 18/02/2025Registered 26/02/2025
Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 03/08/2023Registered 11/08/2023
Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 12/09/2022Registered 20/09/2022
Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 12/09/2022Registered 14/09/2022

CompanyRankvs 79194+ SIC 68209 peers
38

Financial strength90th percentile among SIC peers · 23/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees12/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2024

Net Worth

£585k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£24k

Current Liabilities

£73k

Fixed Assets

£2.4M

Debtors

£2k

2avg. employees

Tax at Year End

Corp tax£12k

Director Loans

Company owes directors£1k

Balance Sheet

Assets less current liabilities£2.3M
Signed by Mrs Bronwen Vearncombe 03/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33+£38k
20230.48+£16k
20220.27+£3k
20210.43

Derived from filed accounts. Not audited figures.