Palace-tech Limited in Sittingbourne, ME10 3FB

Description

Data updated on: 01-11-2023

Palace-tech came into being in 2003 as a company enlisted under no 04819555, located at ME10 3FB Sittingbourne at Unit 3 Fairway Business Park. The company has been in business for twenty one years and its last known status is active. This enterprise's SIC code is 43210 - Electrical installation. The company's latest financial reports were submitted for the period up to Wednesday 31st August 2022 and the latest annual confirmation statement was filed on Tuesday 4th July 2023.

According to the latest update, there’s a single managing director in the company: David E. (since 2011/01/29). This business had been controlled by Thomas O. until September 2018. Furthermore another director, specifically John E. gave up the position on 2011/01/29.

David E. is the individual who controls this firm, has substantial control or influence over the company, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	53 006	45 108	46 038	88 182	168 669	83 533

Balance Sheet
Cash Bank In Hand	42 357	17 665	34 244	109 717	143 792	59 846
Cash Bank On Hand						59 846	68 684	82 167	60 292	158 940	107 960	110 546	168 741
Current Assets	121 022	127 744	167 439	248 422	369 714	224 580	230 817	288 500	257 329	454 721	306 822	394 577	510 520
Debtors	73 665	107 079	130 695	136 205	222 922	161 734	159 133	203 333	194 037	291 781	194 862	280 031	337 779
Net Assets Liabilities						83 533	114 524	143 980	32 999	145 170	134 289	178 161	264 483
Net Assets Liabilities Including Pension Asset Liability	53 006	45 108	46 038	88 182	168 669	83 533
Other Debtors						28 781	24 703	18 005	13 309	1 496	33 121	56 100	71 948
Property Plant Equipment						15 604	11 701	10 991	42 754	34 175	26 698	20 023	73 431
Stocks Inventory	5 000	3 000	2 500	2 500	3 000	3 000
Tangible Fixed Assets	27 602	23 934	3 893	2 919	3 704	15 604
Total Inventories						3 000	3 000	3 000	3 000	4 000	4 000	4 000	4 000

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	52 906	45 008	45 938	88 082	168 569	83 433
Shareholder Funds	53 006	45 108	46 038	88 182	168 669	83 533

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						26 676	30 579	22 974	37 226	48 621	57 521	64 196	54 888
Average Number Employees During Period							11	15	14	14	14	15	16
Bank Borrowings Overdrafts						708				50 000	39 167	34 622	25 666
Creditors						153 725	125 941	153 458	49 948	81 651	52 086	38 759	62 594
Creditors Due After One Year	3 703	10 204	5 638	448
Creditors Due Within One Year	88 528	92 656	119 128	162 711	204 749	153 725
Disposals Decrease In Depreciation Impairment Property Plant Equipment								11 270					31 456
Disposals Property Plant Equipment								12 184	12 854				46 015
Dividends Paid							104 066	111 093	78 001	54 000	93 200	88 460	140 200
Finance Lease Liabilities Present Value Total									22 865	17 068	10 836	4 137	36 928
Increase From Depreciation Charge For Year Property Plant Equipment							3 903	3 665	14 252	11 395	8 900	6 675	22 148
Net Current Assets Liabilities	32 494	35 088	48 311	85 711	164 965	70 855	104 876	135 042	47 461	199 139	164 750	200 701	269 178
Number Shares Allotted		100	100	100	100	100
Other Creditors						34 041	2 113	4 857	27 083	14 583	2 083	4 703	2 831
Other Taxation Social Security Payable						51 199	75 154	90 340	67 412	133 572	29 072	42 037	65 737
Par Value Share		1	1	1	1	1
Profit Loss							135 057	140 549	107 019	166 171	82 319	132 332	226 522
Property Plant Equipment Gross Cost						42 280	42 280	33 965	79 980	82 796	84 219	84 219	128 319
Provisions For Liabilities Balance Sheet Subtotal						2 926	2 053	2 053	7 268	6 493	5 073	3 804	15 532
Provisions For Liabilities Charges	3 387	3 710	528			2 926
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		10 500
Tangible Fixed Assets Cost Or Valuation	70 655	68 445	23 156	23 156	25 176	42 280
Tangible Fixed Assets Depreciation	43 053	44 511	19 263	20 237	21 472	26 676
Tangible Fixed Assets Depreciation Charged In Period		7 979	1 299
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		6 521	26 547
Tangible Fixed Assets Disposals		12 710	45 289
Total Additions Including From Business Combinations Property Plant Equipment								3 869	58 869	2 816	1 423		90 115
Total Assets Less Current Liabilities	60 096	59 022	52 204	88 630	168 669	86 459	116 577	146 033	90 215	233 314	191 448	220 724	342 609
Trade Creditors Trade Payables						67 777	48 674	58 261	56 193	84 537	81 631	131 270	155 605
Trade Debtors Trade Receivables						132 953	134 430	185 328	180 728	290 285	161 741	223 931	265 831

Company staff

David E.

Role: Director

Appointed: 29 January 2011

Latest update: 19 March 2024

Thomas O.

Role: Director

Appointed: 08 July 2003

Resigned: 30 September 2018

Latest update: 19 March 2024

John E.

Role: Director

Appointed: 08 July 2003

Resigned: 29 January 2011

Latest update: 19 March 2024

John E.

Role: Secretary

Appointed: 08 July 2003

Resigned: 29 January 2011

Latest update: 19 March 2024

Brighton Secretary Ltd

Role: Corporate Nominee Secretary

Appointed: 03 July 2003

Resigned: 08 July 2003

Address: Lancing Business Park, Lancing, West Sussex, BN15 8UF

Latest update: 19 March 2024

Brighton Director Ltd

Role: Corporate Nominee Director

Appointed: 03 July 2003

Resigned: 08 July 2003

Address: Lancing Business Park, Lancing, West Sussex, BN15 8UF

Latest update: 19 March 2024

People with significant control

David E.

Notified on 3 July 2016

Nature of control:

1/2 or less of voting rights

substantial control or influence

1/2 or less of shares

Thomas O.

Notified on 3 July 2016

Ceased on 30 September 2018

Nature of control:

1/2 or less of voting rights

substantial control or influence

1/2 or less of shares

Accounts Documents

Account next due date	31 May 2024
Account last made up date	31 August 2022
Confirmation statement next due date	18 July 2024
Confirmation statement last made up date	04 July 2023

Annual Accounts 11 February 2015
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2014
Date Approval Accounts	11 February 2015
Annual Accounts 30 March 2016
Start Date For Period Covered By Report	01 September 2014
End Date For Period Covered By Report	31 August 2015
Date Approval Accounts	30 March 2016
Annual Accounts 4 April 2017
Start Date For Period Covered By Report	01 September 2015
End Date For Period Covered By Report	31 August 2016
Date Approval Accounts	4 April 2017
Annual Accounts
Start Date For Period Covered By Report	01 September 2016
Annual Accounts
Start Date For Period Covered By Report	01 September 2017
End Date For Period Covered By Report	31 August 2018
Annual Accounts
Start Date For Period Covered By Report	01 September 2018
End Date For Period Covered By Report	31 August 2019
Annual Accounts
Start Date For Period Covered By Report	01 September 2019
End Date For Period Covered By Report	31 August 2020
Annual Accounts
Start Date For Period Covered By Report	01 September 2020
End Date For Period Covered By Report	31 August 2021
Annual Accounts
Start Date For Period Covered By Report	01 September 2021
End Date For Period Covered By Report	31 August 2022
Annual Accounts
Start Date For Period Covered By Report	01 September 2022
End Date For Period Covered By Report	31 August 2023
Annual Accounts 29 January 2013
End Date For Period Covered By Report	31 August 2012
Date Approval Accounts	29 January 2013
Annual Accounts 14 February 2014
End Date For Period Covered By Report	31 August 2013
Date Approval Accounts	14 February 2014
Annual Accounts
End Date For Period Covered By Report	31 August 2017

Palace-tech Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

David E.

Thomas O.

John E.

John E.

Brighton Secretary Ltd

Brighton Director Ltd

People with significant control

David E.

Thomas O.

Accounts Documents

Company filings

Filing category

Additional Information

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HQ address, 2013

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HQ address, 2014

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HQ address, 2015

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HQ address, 2016

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