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Palletower Racking And Shelving Ltd

15800199

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

PALLET CENTRE EUROPE, SALE, M33 7BH
Incorporated 24/06/2024

Compliance

Last accounts

24/12/2025

small

Next accounts due

24/09/2027

On track

Confirmation statement

Last: 23/06/2025

Due 07/07/2026

On track

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Matthew Robert Palmer

director · Since 24/06/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Mr Robert David Prill

director · Since 24/06/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Ms Julia Helen Williams

director · Since 24/06/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

Palletower Racking And Shelving (Holdings) Ltd

75–100% shares
75–100% votes
Appoint directors

Pallet, Centre Europe, Sale, M33 7BH

Reg: 15765778 · Uk Register Of Companies · Private Company Limited By Shares

Notified 24/06/2024

Charges1 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 06/08/2025Registered 07/08/2025

CompanyRankvs 2762+ SIC 46690 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.07× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 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.

Longevity2/15 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 24/12/2025

Net Worth

-£101k

Balance sheet strength

Cash

£388k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.5M

Current Liabilities

£488k

Fixed Assets

£19k

Debtors

£1.1M

Profit After Tax

-£102k

0avg. employees

Tax at Year End

Corp tax£70k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20253.07

Derived from filed accounts. Not audited figures.