Palm Autos Ltd
13072535
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 08/12/2025
Due 22/12/2026
Industry
Officers
Persons with Significant Control
Mr Francis Minani Makabe
British · England · Age 59
9, Leghorn Road, Nuneaton, CV11 6XY
Notified 09/12/2020
Change History
Active
Private Limited Company
9 LEGHORN ROAD
NUNEATON
CompanyRankvs 17820+ SIC 45112 peers36
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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 31/12/2024
Net Worth
£508
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£983
Working capital
Current Assets
£62
Current Liabilities
£1k
Fixed Assets
£475
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.06 | — |
| 2023 | 0.47 | +£2k |
| 2022 | 1.60 | — |
| 2021 | 0.90 | — |
Derived from filed accounts. Not audited figures.