PALM WORLD LTD Financials
- Company number
- 10529511CopyCopy
- Registered office
- 2nd Floor Parkgates Bury New Road, Prestwich, Manchester M25 0TL
- Incorporated
- 16/12/2016
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.09%vs 20232023: £192.96K
Total Assets
No changevs 20232023: £326.43K
Cash in Bank
-58.87%vs 20212021: £124.00
Total Liabilities
-0.80%vs 20232023: £46.21K
Employees
0vs 20232023: 3
In 2024, PALM WORLD LTD reported net assets of £190.86K. The same filing shows total assets of £326.43K, cash in bank of £51.00 and total liabilities of £45.84K. Reported headcount was 3 in 2024. Net Assets fell from £192.96K in 2023 to £190.86K in 2024 (-1.09%). Okredo holds filed figures for 2021–2024; 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
-1.09%from £192.96K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PALM WORLD LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-1.3%vs 2022-0.6% a year compound (CAGR)
Total Liabilities
+0.6%vs 2022+0.3% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+0.6%
£45.58K in 2022 to £45.84K in 2024
Biggest decrease
Net Assets-1.3%
£193.34K in 2022 to £190.86K in 2024
PALM WORLD LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PALM WORLD LTD'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
- 58.47%2024
- 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
- 14.04%2024
- 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
- 0.11%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PALM WORLD LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 193.69K | 193.34K | 192.96K | 190.86K |
| Total Assets£ | – | – | 326.43K | 326.43K |
| Cash in Bank£ | 124.00 | 51.00 | – | – |
| Total Liabilities£ | 45.58K | 45.58K | 46.21K | 45.84K |
| Employees | 3 | 3 | 3 | 3 |
PALM WORLD LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PALM WORLD LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PALM WORLD LTD reported net assets of £190.86K for 2024. That compares with £192.96K in 2023, a change of -1.09%.
PALM WORLD LTD reported total assets of £326.43K for 2024. That compares with £326.43K in 2023.
PALM WORLD LTD reported cash in bank of £51.00 for 2022. That compares with £124.00 in 2021, a change of -58.87%.
PALM WORLD LTD reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, PALM WORLD LTD's net assets fell by 1.3%, total liabilities rose by 0.6% and employee numbers was unchanged. Net assets contracted at 0.6% a year across the two years to 2024, from £193.34K to £190.86K. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.