Palm Assets Limited in London, W1W 6XH

Description

Data updated on: 01-11-2023

04777876 is a registration number used by Palm Assets Limited. This firm was registered as a Private Limited Company on 27th May 2003. This firm has been active in this business for twenty one years. This company may be found at 101 New Cavendish Street 1st Floor South in London. The headquarters' zip code assigned to this address is W1W 6XH. This firm's SIC and NACE codes are 68209, that means Other letting and operating of own or leased real estate. 2022-09-30 is the last time company accounts were reported.

There's a team of two directors leading the following business right now, including Adam B. and Martin B. who have been doing the directors obligations since 2023. To find professional help with legal documentation, this specific business has been utilizing the expertise of Adam B. as a secretary since 2023.

Daniel B. is the individual who has control over this firm, has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-09-30	2019-09-30	2020-09-30
Currency

Balance Sheet
Cash Bank On Hand	228 621	187 694	551 994
Current Assets	1 281 622	989 859	1 308 792
Debtors	1 053 001	802 165	756 798
Net Assets Liabilities	2 119 193	1 303 994	1 989 475
Other Debtors	205 044	90 565	75 412
Property Plant Equipment	46 934	22 289	16 177

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	83 270	107 915	119 220
Amounts Owed By Related Parties	800 972	628 352	639 877
Average Number Employees During Period		2	2
Bank Borrowings Overdrafts	3 116 378	3 074 993	1 783 060
Corporation Tax Payable	35 000	30 000	34 062
Creditors	3 116 378	3 074 993	1 783 060
Disposals Investment Property Fair Value Model			1 970 000
Dividends Paid	107 000	110 000	106 000
Fixed Assets	6 946 934	6 092 289	4 116 177
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model		-830 000
Increase From Depreciation Charge For Year Property Plant Equipment		24 645	11 305
Investment Property	6 900 000	6 070 000	4 100 000
Investment Property Fair Value Model	6 900 000	6 070 000	4 100 000
Net Current Assets Liabilities	-1 711 363	-1 713 302	-343 642
Other Creditors	2 883 129	2 590 079	1 572 206
Other Taxation Social Security Payable	17 604	26 239	10 069
Profit Loss	156 444	-705 199	791 481
Property Plant Equipment Gross Cost	130 204	130 204	135 397
Total Additions Including From Business Combinations Property Plant Equipment			5 193
Total Assets Less Current Liabilities	5 235 571	4 378 987	3 772 535
Trade Creditors Trade Payables	15 867	15 458	18 672
Trade Debtors Trade Receivables	46 985	83 248	41 509