Palace Communications Limited in Bromley, BR1 3RA

Description

Data updated on: 01-11-2023

Palace Communications Limited, a Private Limited Company, that is located in Lygon House, 50 London Road, Bromley. The main office's post code is BR1 3RA. This business has been registered in year 1983. The company's Companies House Reg No. is 01767068. The enterprise's SIC code is 61200 and their NACE code stands for Wireless telecommunications activities. Palace Communications Ltd released its latest accounts for the period that ended on 2022-03-31. The company's most recent annual confirmation statement was released on 2023-07-20.

At present, the limited company is led by one managing director: Dominic B., who was selected to lead the company on 2014-03-31. The following limited company had been supervised by Terence B. till 2014-03-31. In addition, the director's efforts are supported by a secretary - Geraldine B., who was chosen by this limited company on 2000-01-01.

Dominic B. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	181 404	18 452	15 577	5 841

Balance Sheet
Current Assets	38 624	203 278	57 361	47 594	39 778	36 347	67 384	37 032	58 034	41 909	38 251
Net Assets Liabilities							5 231	16 558	15 246	10 217	9 204
Cash Bank In Hand	10 119	158 168	11 951	4 250
Cash Bank On Hand				4 250	4 100	712	4 794
Debtors	10 505	25 110	25 410	14 894	5 678	7 635	34 590
Net Assets Liabilities Including Pension Asset Liability	181 404	18 452
Property Plant Equipment				2 469	2 376	2 019	1 716
Stocks Inventory	18 000	20 000	20 000	28 450
Tangible Fixed Assets	559 020	3 417	2 904	2 469
Total Inventories				28 450	30 000	28 000	28 000

Capital & Reserves
Called Up Share Capital	5 200	100	100	100
Profit Loss Account Reserve	-187 450	13 252	10 377	641
Shareholder Funds	181 404	18 452	15 577	5 841

Other Financial Data
Average Number Employees During Period					1	1	1	1	1	1	1
Creditors				44 222	36 918	36 810	63 869	22 190	18 504	10 526	10 256
Fixed Assets							1 716	1 716	1 716	1 912	1 912
Net Current Assets Liabilities	-115 387	15 035	12 673	3 372	2 860	-463	3 515	14 842	39 530	31 383	27 995
Other Operating Expenses Format2								17 164	16 250	11 332	12 615
Other Operating Income Format2								3	4	2	12
Profit Loss					4 295			-3 320	-1 311	-5 030	-1 753
Raw Materials Consumables Used								26 367	15 568	16 400	15 266
Total Assets Less Current Liabilities	443 633	18 452	15 577	5 841	5 236	1 556	5 231	16 558	41 246	33 295	29 907
Turnover Revenue								40 208	30 503	22 700	26 116
Accumulated Depreciation Impairment Property Plant Equipment				32 451	32 870	33 227	33 530
Amounts Owed By Associates				2 440
Bank Borrowings Overdrafts				574		1 408	1 873
Capital Redemption Reserve		5 100	5 100	5 100
Creditors Due After One Year	222 099
Creditors Due Within One Year	154 011	188 243	44 688	44 222
Dividends Paid					4 900
Future Minimum Lease Payments Under Non-cancellable Operating Leases					1 503	1 200	1 200
Increase From Depreciation Charge For Year Property Plant Equipment					419	357	303
Number Shares Allotted		5 200	100	100
Other Creditors				28 990	29 159	29 213	51 814
Other Taxation Social Security Payable				3 699	3 149	1 107	672
Par Value Share		1	1	1
Property Plant Equipment Gross Cost				34 920	35 246	35 246
Provisions For Liabilities Charges	40 130
Revaluation Reserve	363 654
Secured Debts	252 030
Share Capital Allotted Called Up Paid	5 200	100	100	100
Tangible Fixed Assets Cost Or Valuation	589 920	34 920	34 920
Tangible Fixed Assets Depreciation	30 900	31 503	32 016	32 451
Tangible Fixed Assets Depreciation Charged In Period		603	513	435
Tangible Fixed Assets Disposals		555 000
Total Additions Including From Business Combinations Property Plant Equipment					326
Trade Creditors Trade Payables				10 959	4 610	5 082	9 510
Trade Debtors Trade Receivables				12 454	5 678	7 635	34 590