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Palmer Initiatives Ltd

13795320

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

14 LEGGFIELD TERRACE, HEMEL HEMPSTEAD, HP1 2LL
Incorporated 11/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Joshua Edward James Palmer

director · Since 11/12/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 22

Also on 4 other boards

Mr Nicholas John Palmer

secretary · Since 16/12/2021

Mr Harry Andrew Palmer

director · Since 16/12/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 28

Persons with Significant Control

Mr Harry Andrew Palmer

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

British · England · Age 28

4, Foxtail Close, Aylesbury, HP22 7BT

Notified 11/12/2021

Mr Joshua Edward James Palmer

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

British · United Kingdom · Age 22

14, Leggfield Terrace, Hemel Hempstead, HP1 2LL

Notified 11/12/2021

CompanyRankvs 19464+ SIC 73110 peers
59

Financial strength67th percentile among SIC peers · 17/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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19464Palmer Initiatives Ltd
38
How is this score calculated?
Financial strength17/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/12/2024

Turnover

£9k

Annual revenue

Net Worth

£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£7k

Current Liabilities

£0

Fixed Assets

£0

Profit After Tax

£4k

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£7k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024Infinity+£5k
2023Infinity—

Derived from filed accounts. Not audited figures.