PALACE ENTERPRISES LIMITED Financials
- Company number
- 10591888Copy
Copy - Registered office
- Central House Rear Office, 124 High Street, Hampton Hill, Middlesex TW12 1NS
- Incorporated
- 31/01/2017
Company snapshot
- Status
- Active
- Employees
- 18 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
153.25%vs 20242024: £42.56K
Total Assets
31.55%vs 20242024: £344.11K
Cash in Bank
55.88%vs 20242024: £200.37K
Total Liabilities
14.80%vs 20242024: £293.96K
Employees
-6vs 20242024: 24
In 2025, PALACE ENTERPRISES LIMITED reported net assets of £107.79K. The same filing shows total assets of £452.67K, cash in bank of £312.34K and total liabilities of £337.47K. Reported headcount was 18 in 2025. Cash in Bank rose from £200.37K in 2024 to £312.34K in 2025 (55.88%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
153.25%from £42.56K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures PALACE ENTERPRISES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
+2.5%vs 2023+1.3% a year compound (CAGR)
Total Assets
+0.3%vs 2023+0.2% a year compound (CAGR)
Total Liabilities
-29.8%vs 2023-16.2% a year compound (CAGR)
Employees
-35.7%vs 2023-10Biggest increase
Cash in Bank+2.5%
£304.66K in 2023 to £312.34K in 2025
Biggest decrease
Employees-35.7%
28 in 2023 to 18 in 2025
PALACE ENTERPRISES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PALACE ENTERPRISES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 23.81%2025
- Liabilities to total assets
- 74.55%2025
- Cash to liabilities
- 92.55%2025
- Cash to total assets
- 69.00%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PALACE ENTERPRISES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -148.87K | -106.42K | -39.38K | 42.56K | 107.79K |
| Total Assets£ | 501.83K | 426.19K | 451.19K | 344.11K | 452.67K |
| Cash in Bank£ | 359.22K | 286.26K | 304.66K | 200.37K | 312.34K |
| Total Liabilities£ | 643.51K | 527.21K | 480.46K | 293.96K | 337.47K |
| Employees | 20 | 24 | 28 | 24 | 18 |
PALACE ENTERPRISES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PALACE ENTERPRISES LIMITED filed financial statements?
Yes. Okredo holds filed figures for PALACE ENTERPRISES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did PALACE ENTERPRISES LIMITED report in 2025?
PALACE ENTERPRISES LIMITED reported net assets of £107.79K for 2025. That compares with £42.56K in 2024, a change of 153.25%.
What total assets did PALACE ENTERPRISES LIMITED report in 2025?
PALACE ENTERPRISES LIMITED reported total assets of £452.67K for 2025. That compares with £344.11K in 2024, a change of 31.55%.
What cash in bank did PALACE ENTERPRISES LIMITED report in 2025?
PALACE ENTERPRISES LIMITED reported cash in bank of £312.34K for 2025. That compares with £200.37K in 2024, a change of 55.88%.
How many people does PALACE ENTERPRISES LIMITED employ?
PALACE ENTERPRISES LIMITED reported 18 employees in 2025, compared with 24 in 2024.
How have PALACE ENTERPRISES LIMITED financials changed over the last 3 years?
Between 2023 and 2025, PALACE ENTERPRISES LIMITED's cash in bank rose by 2.5%, total assets rose by 0.3%, total liabilities fell by 29.8% and employee numbers fell by 35.7%. Cash in bank compounded at 1.3% a year across the two years to 2025, from £304.66K to £312.34K. Reported headcount went from 28 in 2023 to 18 in 2025 (-10).
Which years of PALACE ENTERPRISES LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.