Palo Tech Limited
13906673
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 09/02/2026
Due 23/02/2027
Industry
Officers
Persons with Significant Control
Mr Pavol Borgula
Slovak · England · Age 48
C/O Able & Young, Airport House, Purley Way, Croydon, CR0 0XZ
Notified 10/02/2022
CompanyRankvs 8897+ SIC 32990 peers46
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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 28/02/2025
Net Worth
-£27k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
£15k
Working capital
Current Assets
£16k
Current Liabilities
£243
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 63.91 | -£18k |
| 2024 | 0.64 | -£6k |
Derived from filed accounts. Not audited figures.