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Palace Sweet Ltd

12947957

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

10 WILPSHIRE AVENUE, MANCHESTER, M12 5TL
Incorporated 13/10/2020

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr Zaheer Abbas

director · Since 13/10/2020

MANAGER

PAKISTANI · ENGLAND · Age 40

Also on 3 other boards

Persons with Significant Control

Mr Zaheer Abbas

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

Pakistani · England · Age 40

10, Wilpshire Avenue, Manchester, M12 5TL

Notified 13/10/2020

CompanyRankvs 1231+ SIC 10710 peers
54

Financial strength62th percentile among SIC peers · 16/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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1231Palace Sweet Ltd
53
How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£4k

Current Liabilities

£10k

Fixed Assets

£10k

4421avg. employees+4413

Balance Sheet

Assets less current liabilities£14k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£2k
20240.34-£889
20230.37—

Derived from filed accounts. Not audited figures.