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Palette Cardiff Limited

14170753

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

34 HIGH STREET, CARDIFF, CF10 1PU
Incorporated 14/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands
56290
Other food service activities

Officers

Mr Anatolie Vasileniuc

director · Since 14/06/2022

COMPANY DIRECTOR

UKRAINIAN,ROMANIAN · WALES · Age 43

Persons with Significant Control

Mr Anatolie Vasileniuc

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

Ukrainian,Romanian · Wales · Age 43

34, High Street, Cardiff, CF10 1PU

Notified 14/06/2022

Mrs Raisa Vasileniuc

25–50% shares
25–50% votes

Romanian · Wales · Age 40

34, High Street, Cardiff, CF10 1PU

Notified 14/06/2022

CompanyRankvs 27904+ SIC 56101 peers
32

Financial strength25th percentile among SIC peers · 6/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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27904Palette Cardiff Limited
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How is this score calculated?
Financial strength6/25 pts

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

Employees5/15 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.

Longevity4/15 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 30/06/2023

Net Worth

-£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£4k

Current Liabilities

£17k

Fixed Assets

£5k

2avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20230.26

Derived from filed accounts. Not audited figures.