Palem Developments Limited in Tamworth, B79 0HQ

Description

Data updated on: 01-11-2023

Palem Developments has been operating in this business for 10 years. Established under 09258486, the firm is registered as a Private Limited Company. You can reach the headquarters of the firm during business times under the following location: 80 Austrey Road Warton, B79 0HQ Tamworth. The company's SIC and NACE codes are 41202, that means Construction of domestic buildings. 2022-03-31 is the last time the accounts were reported.

The following firm owes its success and unending improvement to exactly two directors, who are Anne W. and Peter W., who have been leading the firm since 2014-12-02. Additionally, the managing director's tasks are constantly assisted with by a secretary - Anne-Marie W., who joined this specific firm on 2014-10-10.

The companies with significant control over this firm are as follows: Palem Properties Limited owns over 3/4 of company shares. This business can be reached in Tamworth at Austrey Road, Warton, B79 0HQ and was registered as a PSC under the reg no 08959483.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	-1 872	-4 739

Balance Sheet
Cash Bank On Hand		107 501	37 422		47 026	182 466	589 096	36 328	40 500
Current Assets	701 243	798 416	334 272	1 056 378	996 644	937 591	695 664	43 794	53 323
Debtors	705	11 697	-391 316		19 965	5 125	6 568	7 466	12 823
Net Assets Liabilities		-4 739	-30 880		37 497	292 334	255 658	-162 708	-169 003
Other Debtors		11 697	739		19 965	5 125	6 568	7 466	1 483
Property Plant Equipment		3 327	2 495		1 404	1 053	1 763	583 311	612 965
Total Inventories		679 218	688 166		929 653	750 000	100 000
Cash Bank In Hand	19 516	107 501
Net Assets Liabilities Including Pension Asset Liability	-1 872	-4 739
Stocks Inventory	681 022	679 218
Tangible Fixed Assets		3 327

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	-1 972	-4 839
Shareholder Funds	-1 872	-4 739

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal			1 050	1 050	1 050
Accumulated Depreciation Impairment Property Plant Equipment			832		1 923	2 274	2 646	4 826	11 422
Additions Other Than Through Business Combinations Property Plant Equipment							1 082	583 728	36 250
Amounts Owed By Group Undertakings Participating Interests		-387 055	-392 055
Amounts Owed To Group Undertakings Participating Interests					392 055	392 055	389 754	392 054	551 634
Average Number Employees During Period				2	3	2	2	2	2
Corporation Tax Payable					9 622	60 354	60 354
Creditors		419 427	367 647	1 098 980	960 551	646 310	441 769	789 813	835 291
Depreciation Rate Used For Property Plant Equipment			25			25	25	25	25
Fixed Assets		3 327	2 495	1 872	1 404
Increase From Depreciation Charge For Year Property Plant Equipment			832			351	372	2 180	6 596
Net Current Assets Liabilities	-1 872	-8 066	-33 375	-42 602	36 093	291 281	253 895	-746 019	-781 968
Other Creditors		372 030	367 155		534 871	177 327	-8 742	397 759	283 657
Other Taxation Social Security Payable		232			3 381	1 302
Property Plant Equipment Gross Cost			3 327			3 327	4 409	588 137	624 387
Total Assets Less Current Liabilities	-1 872	-4 739	-29 830	-40 730	37 497	292 334	255 658	-162 708	-169 003
Trade Creditors Trade Payables		47 165	492		20 622	15 272	403
Trade Debtors Trade Receivables									11 340
Advances Credits Directors	605	34 693	61 056	367 578	161 043	66 954	98 039	291 794	177 547
Advances Credits Made In Period Directors					369 678	496 704	56 858		118 441
Advances Credits Repaid In Period Directors		35 298	26 363	306 522	163 143	402 615	87 943	193 755	4 194
Creditors Due Within One Year	703 115	806 482
Number Shares Allotted	100	100
Par Value Share	1	1
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Additions		3 327
Tangible Fixed Assets Cost Or Valuation		3 327

Company staff

Anne W.

Role: Director

Appointed: 02 December 2014

Latest update: 16 March 2024

Peter W.

Role: Director

Appointed: 10 October 2014

Latest update: 16 March 2024

Anne-Marie W.

Role: Secretary

Appointed: 10 October 2014

Latest update: 16 March 2024

People with significant control

Palem Properties Limited

Address: 80 Austrey Road, Warton, Tamworth, B79 0HQ, England

Legal authority Companies Act 2006

Legal form Limited Compnay

Country registered England

Place registered Companies House

Registration number 08959483

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	24 October 2023
Confirmation statement last made up date	10 October 2022

Annual Accounts 18 December 2015
Start Date For Period Covered By Report	2014-10-10
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	18 December 2015
Annual Accounts 22 December 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Date Approval Accounts	22 December 2016
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	31 March 2023

Palem Developments Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Anne W.

Peter W.

Anne-Marie W.

People with significant control

Palem Properties Limited

Accounts Documents

Company filings

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