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PALMERS SCAFFOLDING UK LIMITED Financials

Company number
00159161Copy
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Registered office
Business Aviation Centre Aviation Park, Flint Road, Saltney Ferry, Chester CH4 0GZ
Incorporated
26/09/1919

Company snapshot

Status
Active
Employees
227 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£8.56M2024
78.65%vs 2023

2023: £4.79M

Total Assets

£14.12M2024
50.11%vs 2023

2023: £9.41M

Cash in Bank

£4.97M2024
93.03%vs 2023

2023: £2.57M

Total Liabilities

£5.56M2024
20.44%vs 2023

2023: £4.61M

Employees

2272024
+38vs 2023

2023: 189

In 2024, PALMERS SCAFFOLDING UK LIMITED reported net assets of £8.56M. The same filing shows total assets of £14.12M, cash in bank of £4.97M and total liabilities of £5.56M. Reported headcount was 227 in 2024. Total Assets rose from £9.41M in 2023 to £14.12M in 2024 (50.11%). 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

£8.56M2024
78.65%from £4.79M in 2023

Year-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 PALMERS SCAFFOLDING UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.14M2022£8.56M2024
+301%vs 2022

+100% a year compound (CAGR)

Cash in Bank

£1.50M2022£4.97M2024
+231%vs 2022

+81.8% a year compound (CAGR)

Total Assets

£6.08M2022£14.12M2024
+132%vs 2022

+52.4% a year compound (CAGR)

Total Liabilities

£3.94M2022£5.56M2024
+40.9%vs 2022

+18.7% a year compound (CAGR)

Employees

19020222272024
+19.5%vs 2022+37

Biggest increase

Net Assets+301%

£2.14M in 2022 to £8.56M in 2024

Every indicator Okredo holds for PALMERS SCAFFOLDING UK LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PALMERS SCAFFOLDING UK 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
60.65%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
39.35%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
89.42%2024
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
35.18%2024
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 PALMERS SCAFFOLDING UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.16M2.14M4.79M8.56M
Total Assets£7.04M6.08M9.41M14.12M
Cash in Bank£2.08M1.50M2.57M4.97M
Total Liabilities£5.88M3.94M4.61M5.56M
Employees239190189227

PALMERS SCAFFOLDING UK LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PALMERS SCAFFOLDING UK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

PALMERS SCAFFOLDING UK LIMITED reported net assets of £8.56M for 2024. That compares with £4.79M in 2023, a change of 78.65%.

PALMERS SCAFFOLDING UK LIMITED reported total assets of £14.12M for 2024. That compares with £9.41M in 2023, a change of 50.11%.

PALMERS SCAFFOLDING UK LIMITED reported cash in bank of £4.97M for 2024. That compares with £2.57M in 2023, a change of 93.03%.

PALMERS SCAFFOLDING UK LIMITED reported 227 employees in 2024, compared with 189 in 2023.

Between 2022 and 2024, PALMERS SCAFFOLDING UK LIMITED's net assets rose by 301%, cash in bank rose by 231%, total assets rose by 132% and total liabilities rose by 40.9%. Net assets compounded at 100% a year across the two years to 2024, from £2.14M to £8.56M. Reported headcount went from 190 in 2022 to 227 in 2024 (+37).

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.