Palec Properties Limited in Birmingham, B19 3SE

Description

Data updated on: 01-11-2023

Palec Properties started its business in the year 1979 as a Private Limited Company under the following Company Registration No.: 01459729. The firm has operated for fourty five years and it's currently active. This firm's office is situated in Birmingham at 29-31 Lower Loveday Street. Anyone can also find the company utilizing the area code : B19 3SE. The enterprise's SIC code is 41100 which stands for Development of building projects. Sat, 31st Dec 2022 is the last time when account status updates were filed.

In the following firm, the full range of director's obligations have so far been met by Brian M. who was chosen to lead the company on May 23, 1991. Since May 23, 1991 Peter M., had performed the duties for this firm up to the moment of the resignation on October 21, 2013. What is more a different director, including Raymond B. resigned on April 30, 1992.

Executives with significant control over the firm are: Brian M. owns over 1/2 to 3/4 of company shares . Dominic M. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	85 700	103 307	121 249

Balance Sheet
Current Assets	54 055	61 160	69 209	58 624	70 784	95 308	118 533	117 023	140 374	153 197
Net Assets Liabilities			121 249	120 214	134 105	147 703	161 527	175 406	197 110	215 109
Cash Bank In Hand	6 031	13 136	45 185
Debtors	48 024	48 024	24 024
Net Assets Liabilities Including Pension Asset Liability	85 700	103 307	121 249
Tangible Fixed Assets	107 751	107 744	107 737

Capital & Reserves
Called Up Share Capital	70	70	70
Profit Loss Account Reserve	85 600	103 207	121 149
Shareholder Funds	85 700	103 307	121 249

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal			-1 140	-1 140	-1 140	-1 140	-1 140	-1 140	-949	-950
Creditors			54 557	45 000	43 266	54 189	63 587	48 195	69 214	64 035
Fixed Assets	107 751	107 744	107 737	107 730	107 727	107 724	107 721	107 718	126 899	126 897
Net Current Assets Liabilities	-22 051	-4 437	13 512	13 624	27 518	41 119	54 946	68 828	71 160	89 162
Total Assets Less Current Liabilities			122 389	121 354	135 245	148 843	162 667	176 546	198 059	216 059
Capital Redemption Reserve	30	30	30
Creditors Due Within One Year	76 106	65 597	55 697
Number Shares Allotted	70	70	70
Par Value Share		1	1
Value Shares Allotted	70	70	70