Palmer P Ltd

Palmer P Ltd, from London UK, is a small, active company founded six years ago. It boasts £5,331 in assets, a real address, one director, one owner (who is also the solo founder), and a stellar 5.0 Google rating based on two reviews. This privately limited company, registered in England/Wales with number 11389177, operates in the retail sale of clothing, both online and through specialized stores.

The company’s website highlights a focus on private capital administration, offering technology and services to clients. Testimonials from CFOs of Boreal IM and Glentra Capital praise Palmer P Ltd’s responsiveness, proactive approach, and deep understanding of asset classes. The site also features a news blog and links to social media platforms, suggesting an effort to build brand awareness and engage with potential clients. It’s clear that Palmer P Ltd isn’s just selling clothes; it’s positioning itself as a provider of specialized financial services.

Financially, Palmer P Ltd presents a mixed picture. While bank borrowings increased slightly, cash reserves saw a dramatic surge, jumping over 5000% to reach £1,300. However, net assets remain negative at -£280, and net current liabilities are a substantial £740. Creditors have decreased significantly, which is a positive sign, but the drop in current assets by 14% to £5,300 raises concerns. The company’s size—meeting two of three criteria for a small company—allows for agility, but the negative equity suggests it’s burning through money. The absence of an auditor, due to its small size, means the figures are unaudited, relying on director-reported data. The company's accounts are described as "filleted" and prepared using "Digita Accounts Production Advanced" software.

In conclusion, Palmer P Ltd appears to be a small, dynamic company with a dual focus on retail clothing and financial administration. While it has achieved a strong Google rating and positive client testimonials, its financial performance indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 11389177, with a registered address at NW10 7JB, England, London, Unit 18, Oliver Business Park, Oliver Road.

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