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Palace Antiques Otford Ltd

15901184

active
ltd
england wales
Companies House
Accounts overdue
Health Score
55 / 100

Notable Risks

15/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6 High Street, Otford, Sevenoaks, TN14 5PQ
Incorporated 16/08/2024

Compliance

Next accounts due

16/05/2026

Overdue

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

47791
Retail sale of antiques including antique books in stores

Officers

Mr Mohammed Aehtsham Ul-Haq Shafi

director · Since 16/08/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Mrs Tayyiba Ul Haq Shafi

director · Since 16/08/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Mohammed Aehtsham Ul-Haq Shafi

director · Since 16/08/2024

British · England · Age 64

Tayyiba Ul Haq Shafi

director · Since 16/08/2024

British · England · Age 56

Persons with Significant Control

Mrs Tayyiba Ul Haq Shafi

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

British · England · Age 56

4, High Street, Sevenoaks, TN14 5PQ

Notified 16/08/2024

Mr Mohammed Aehtsham Ul-Haq Shafi

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

British · England · Age 64

4, High Street, Sevenoaks, TN14 5PQ

Notified 16/08/2024

Change History

statusactive
2026-07-13

Active

typeltd
2026-07-13

Private Limited Company

address line16 High Street
2026-07-13

6 HIGH STREET

post townSevenoaks
2026-07-13

SEVENOAKS

CompanyRankvs 1957+ SIC 47791 peers
22

Financial strength11th percentile among SIC peers · 3/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceOne filing overdue · 5/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 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.

Longevity2/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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 31/08/2025

Net Worth

-£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£2k

Current Liabilities

£27k

Fixed Assets

£4k

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£21k
Signed by Mr Mohammed Shafi Mrs Tayyiba Shafi 27/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.09

Derived from filed accounts. Not audited figures.