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Palm Management Services Limited

16086957

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

2 CROFT GARDENS, BURNTWOOD, WS7 2EZ
Incorporated 18/11/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Alexander Iacovitti

director · Since 18/11/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 1 other board

Mr Michele Iacovitti

director · Since 18/11/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Former

Mrs Lesley Iacovitti

director · Resigned 01/06/2026

Persons with Significant Control

Michele Iacovitti

Appoint directors

British · England · Age 61

2, Croft Gardens, Burntwood, WS7 2EZ

Notified 18/11/2024

Mr Alexander Iacovitti

25–50% shares
25–50% votes

British · England · Age 28

2, Croft Gardens, Burntwood, WS7 2EZ

Notified 14/02/2025

Former PSCs

Mrs Lesley Iacovitti

Ceased 01/06/2026

Charges2 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 11/08/2025Registered 11/08/2025
Charge
outstanding

ALDERMORE BANK PLC

Created 30/05/2025Registered 02/06/2025

CompanyRankvs 113283+ SIC 68209 peers
42

Financial strength34th percentile among SIC peers · 9/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.08× · 12/20
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 strength9/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/03/2025

Net Worth

£6

Balance sheet strength

Cash

£61

Cash in the bank

Net Current Assets

£6

Working capital

Current Assets

£86

Current Liabilities

£80

Debtors

£25

3avg. employees

Balance Sheet

Assets less current liabilities£6
Signed by Mr Michele Iacovitti 12/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.07

Derived from filed accounts. Not audited figures.