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Pallet Brothers Limited

13515649

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

1ST FLOOR 50 HIGH STREET, PORTSMOUTH, PO6 3AG
Incorporated 16/07/2021

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 15/07/2025

Due 29/07/2026

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mr John Barrett

director · Since 16/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr John Barrett

50–75% shares
50–75% votes
Appoint directors

British · England · Age 55

1st Floor 50, High Street, Portsmouth, PO6 3AG

Notified 17/07/2021

CompanyRankvs 1958+ SIC 38110 peers
56

Financial strength73th percentile among SIC peers · 18/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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1958Pallet Brothers Limited
51
How is this score calculated?
Financial strength18/25 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

£54k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£68k

Current Liabilities

£77k

Fixed Assets

£99k

Debtors

£39k

5avg. employees+1

Tax at Year End

VAT£27k

Director Loans

Company owes directors£5k

Balance Sheet

Assets less current liabilities£90k
Signed by Mr John Barrett 18/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.88+£14k£542k
20240.85+£11k£443k
20230.60-£15k£306k
20221.17—£303k

Derived from filed accounts. Not audited figures.