PALACE-TECH LIMITED Financials
- Company number
- 04819555CopyCopy
- Registered office
- Unit 3 Fairway Business Park, Castle Road, Sittingbourne, Kent ME10 3FB
- Incorporated
- 03/07/2003
Company snapshot
- Status
- Active
- Employees
- 15 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-26.77%vs 20242024: £245.85K
Total Assets
-11.45%vs 20242024: £561.07K
Cash in Bank
-71.40%vs 20242024: £148.53K
Total Liabilities
0.50%vs 20242024: £315.22K
Employees
0vs 20242024: 15
In 2025, PALACE-TECH LIMITED reported net assets of £180.03K. The same filing shows total assets of £496.81K, cash in bank of £42.48K and total liabilities of £316.79K. Reported headcount was 15 in 2025. Cash in Bank fell from £148.53K in 2024 to £42.48K in 2025 (-71.40%). 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
-26.77%from £245.85K 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-TECH LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-31.9%vs 2023-17.5% a year compound (CAGR)
Cash in Bank
-74.8%vs 2023-49.8% a year compound (CAGR)
Total Assets
-14.9%vs 2023-7.8% a year compound (CAGR)
Total Liabilities
-0.8%vs 2023-0.4% a year compound (CAGR)
Employees
-6.3%vs 2023-1Biggest decrease
Cash in Bank-74.8%
£168.74K in 2023 to £42.48K in 2025
Every indicator Okredo holds for PALACE-TECH LIMITED fell between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PALACE-TECH 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
- 36.24%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.
- Liabilities to total assets
- 63.76%2025
- 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.
- Cash to liabilities
- 13.41%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 8.55%2025
- 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-TECH 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£ | 134.29K | 178.16K | 264.48K | 245.85K | 180.03K |
| Total Assets£ | 333.52K | 414.60K | 583.95K | 561.07K | 496.81K |
| Cash in Bank£ | 107.96K | 110.55K | 168.74K | 148.53K | 42.48K |
| Total Liabilities£ | 199.23K | 236.44K | 319.47K | 315.22K | 316.79K |
| Employees | 14 | 15 | 16 | 15 | 15 |
PALACE-TECH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PALACE-TECH LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PALACE-TECH LIMITED reported net assets of £180.03K for 2025. That compares with £245.85K in 2024, a change of -26.77%.
PALACE-TECH LIMITED reported total assets of £496.81K for 2025. That compares with £561.07K in 2024, a change of -11.45%.
PALACE-TECH LIMITED reported cash in bank of £42.48K for 2025. That compares with £148.53K in 2024, a change of -71.40%.
PALACE-TECH LIMITED reported 15 employees in 2025, compared with 15 in 2024.
Between 2023 and 2025, PALACE-TECH LIMITED's net assets fell by 31.9%, cash in bank fell by 74.8%, total assets fell by 14.9% and total liabilities fell by 0.8%. Net assets contracted at 17.5% a year across the two years to 2025, from £264.48K to £180.03K. Reported headcount went from 16 in 2023 to 15 in 2025 (-1).
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.