Pallman Limited

Pallman Limited, based in Peterborough, UK, is a small, active company founded six years ago. With a single employee and £109,735 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company is a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent import activity spanning four months.

Pallman Limited’s website showcases a focus on industrial filter manufacturing solutions. It's not an e-commerce site in the traditional sense; instead, it functions as a platform to highlight expertise and attract business-to-business clients. The company designs, manufactures, and supplies premium industrial filters, catering to a wide range of industries including transport, construction, mining, and power generation. The site emphasizes custom filtration solutions, technical engineering, and strong customer partnerships, positioning Pallman as a thought leader in the field. It also details various filter types, including air, hydraulic, and liquid filters, targeting specific applications like locomotive engines, wind turbines, and construction equipment.

Financially, Pallman Limited presents a concerning picture. Current assets have fallen by a significant 34%, dropping to £110,000, while net assets have plummeted 110%, resulting in a negative balance of -£1,700. Bank borrowings have increased by 53%, reaching £27,000, and cash reserves have completely vanished. Creditors have also decreased, which is good, but the overall trend suggests the company is burning through money. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million, and the lack of an auditor (likely exempt) means these figures are unaudited.

While Pallman Limited’s website projects an image of technical expertise and innovation, the financial data reveals a company struggling to maintain solvency. It’s unclear if the decline is a temporary setback or a more fundamental challenge, but the company will need to address these issues to ensure its long-term viability.

Registered in England/Wales under the registration number 11994262, with a registered address at PE3 6RU, United Kingdom, Peterborough, Cambridgeshire, Greenhill House First Floor East Wing, Thorpe Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.