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Palace Road Ltd

15815079

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

OFFICE 403, SCREENWORKS, LONDON, N5 2ER
Incorporated 02/07/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Atilla Alkan

director · Since 02/07/2024

DIRECTOR

TURKISH · ENGLAND · Age 48

Mr Sael El-Turabi

director · Since 05/05/2026

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Mr Atilla Alkan

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

Turkish · England · Age 48

36, Buckingham Palace Road, London, SW1W 0RE

Notified 02/07/2024

CompanyRankvs 180361+ SIC 68209 peers
41

Financial strength4th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.15× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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180361Palace Road Ltd
40
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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£64k

Balance sheet strength

Cash

£72

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£83k

Current Liabilities

£39k

Fixed Assets

£151k

Debtors

£83k

0avg. employees

Balance Sheet

Assets less current liabilities£195k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20252.15

Derived from filed accounts. Not audited figures.