Palm Safe Ltd

Palm Safe Ltd, based in Aberdeen, UK, is a small company with an active status, founded four years ago. Employing just two people, it holds £428,069 in assets and operates from a real address. The company is led by a solo founder who also serves as director and owner. Palm Safe runs an e-commerce site and enjoys a respectable Google rating of 4.0 based on seven reviews. It's an irregular importer, primarily dealing with plastics and plastic products, with the last import occurring just one month ago.

The company’s website showcases a business dedicated to hand sanitiser production. Palm Safe emphasizes premium ingredients like isopropyl alcohol and aloe vera, offering over 30 unique scents. It sells various sizes, from clip bottles to five-litre refill containers, and even offers keychain-sized refillable bottles. A blog section highlights partnerships with local businesses, like Roam n Roost, a luxury motorhome rental company, and features articles on topics like artificial intelligence and hand hygiene.

Financially, Palm Safe Ltd presents a mixed picture. Cash bank on hand increased dramatically by 830% to £130,000, a very positive sign. However, creditors also increased significantly by 460% to £350,000, and bank borrowings rose to £6,200. Net assets grew by 280% to £160,000. Trade debtors have increased dramatically, by 3700%, to £290,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debt warrants attention. No auditor is mentioned, which is typical for a small, exempt company. The large increase in debtors may indicate issues with collecting payments. Overall, Palm Safe Ltd appears to be growing, but managing its finances carefully will be crucial for long-term success.

Registered in Scotland under the registration number SC669854, with a registered address at AB11 9PB, Scotland, Aberdeen, Unit 2b Deemouth Business Centre, South Esplanade East.

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