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Palmers Property Management Ltd

13086804

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

3 DELL VIEW, EAST BOLDON, NE36 0AA
Incorporated 17/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Ryan Palmer

director · Since 17/12/2020

OFFSHORE WORKER

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Mr David Palmer

director · Since 01/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Ryan Palmer

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 34

3, Dell View, East Boldon, NE36 0AA

Notified 17/12/2020

Mr David Palmer

25–50% shares
25–50% votes
Appoint directors

British · England · Age 37

1, High Shields Close, South Shields, NE33 5ES

Notified 01/10/2021

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 10/05/2024Registered 10/05/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 07/07/2023Registered 07/07/2023
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 11/02/2022Registered 14/02/2022

CompanyRankvs 5256+ SIC 68201 peers
41

Financial strength65th percentile among SIC peers · 16/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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

Outstanding charges: -10 pts

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

£8k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£10k

Current Liabilities

£77k

Fixed Assets

£269k

Debtors

£2k

2avg. employees

Tax at Year End

Corp tax£1k

Director Loans

Company owes directors£74k

Balance Sheet

Assets less current liabilities£202k
Signed by Mr David Palmer 23/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13+£5k
20230.32+£2k
20220.58

Derived from filed accounts. Not audited figures.