Palm Medical Limited in Walsall, WS1 3BX

Description

Data updated on: 01-11-2023

Palm Medical Limited is categorised as Private Limited Company, that is registered in Old Blake House, 150 Bath Street, Walsall. The main office's post code is WS1 3BX. This company has been prospering fifteen years on the British market. The company's Companies House Registration Number is 06915928. This company's classified under the NACE and SIC code 74909 and has the NACE code: Other professional, scientific and technical activities not elsewhere classified. Sunday 31st May 2020 is the last time when the company accounts were filed.

Hafiz U. is this particular firm's single director, that was appointed on Friday 12th February 2021. That limited company had been overseen by Akhtar A. till 3 years ago. As a follow-up a different director, specifically Akhtar A. resigned on Monday 25th September 2017.

Hafiz U. 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	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-10 368	-7 514	-3 801	747	13 368	19 204

Balance Sheet
Current Assets	17 048	23 068	39 836	48 983	36 167	27 017	19 471	30 520	223	-1 031
Cash Bank In Hand	17 048	23 068	23 597	8 676	14 408	6 908
Debtors			9 327	33 395	21 759	20 109
Net Assets Liabilities Including Pension Asset Liability	-10 368	-7 514	-3 801	747	13 368	19 204
Tangible Fixed Assets	9 000	7 200	6 560	5 248	4 198	3 285

Capital & Reserves
Called Up Share Capital	1	1	1	1	1	1
Profit Loss Account Reserve	-10 369	-7 515	-3 802	746	13 367	19 203
Shareholder Funds	-10 368	-7 514	-3 801	747	13 368	19 204

Other Financial Data
Total Fixed Assets Additions						1 277
Total Fixed Assets Cost Or Valuation				11 000	11 000	12 277
Total Fixed Assets Depreciation				5 752	6 802	8 992
Total Fixed Assets Depreciation Charge In Period					1 050	2 190
Accrued Liabilities Not Expressed Within Creditors Subtotal						3 135	3 955	4 795	5 642	6 489
Average Number Employees During Period							5	5	2	2
Creditors						7 170	6 054	40 822	43 301	52 441
Fixed Assets	9 000	7 200	6 560	5 248	4 198	3 285	2 628	2 103	1 682	1 346
Net Current Assets Liabilities	16 605	21 259	25 612	31 472	9 963	16 712	21 862	-10 302	-43 078	-53 472
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						9 665	8 445
Total Assets Less Current Liabilities	25 605	28 459	32 172	36 720	14 161	19 997	24 490	-8 199	-41 396	-52 126
Advances Credits Directors						5 727	2 227	18 312	28 514	46 879
Advances Credits Made In Period Directors						5 727	3 500	20 539	10 202
Creditors Due After One Year Total Noncurrent Liabilities				5 617	793	793
Creditors Due Within One Year Total Current Liabilities				22 277	26 204	10 305
Tangible Fixed Assets Additions			1 000			1 277
Tangible Fixed Assets Cost Or Valuation	10 000	10 000	11 000	11 000	11 000	12 277
Tangible Fixed Assets Depreciation	1 000	2 800	4 440	5 752	6 802	8 992
Tangible Fixed Assets Depreciation Charge For Period					1 050	2 190
Creditors Due After One Year	35 973	35 973	35 973	35 973
Creditors Due Within One Year	443	1 809	14 224	17 511
Current Asset Investments		6 912	6 912	6 912
Tangible Fixed Assets Depreciation Charged In Period		1 800	1 640	1 312