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Palmetto Properties Ltd

13184614

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BRADBURY HOUSE, NEWPORT, NP20 2DW
Incorporated 08/02/2021

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 02/02/2026

Due 16/02/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Cory Allen

director · Since 08/02/2021

COMPANY DIRECTOR

WELSH · UNITED KINGDOM · Age 33

Also on 3 other boards

Mr Ellis Jenkins

director · Since 08/02/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Cory Allen

25–50% shares
25–50% votes

British · United Kingdom · Age 33

Bradbury House, Mission Court, Newport, NP20 2DW

Notified 08/02/2021

Mr Ellis Jenkins

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

British · United Kingdom · Age 33

Bradbury House, Mission Court, Newport, NP20 2DW

Notified 08/02/2021

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 21/12/2023Registered 22/12/2023
Charge
outstanding

PARATUS AMC LIMITED

Created 30/09/2021Registered 20/10/2021

CompanyRankvs 60653+ SIC 68100 peers
44

Financial strength65th percentile among SIC peers · 16/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity5 years trading (max 15) · 5/15
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.

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.

Longevity5/15 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 28/02/2025

Net Worth

£9k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£95k

Working capital

Current Assets

£114k

Current Liabilities

£208k

Fixed Assets

£429k

Debtors

£108k

2avg. employees

Balance Sheet

Assets less current liabilities£334k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.54+£743
20240.54
20230.13

Derived from filed accounts. Not audited figures.