palram polycarb limited Company Information
Company Number
03013725
Next Accounts
Sep 2025
Industry
Manufacture of other plastic products
Shareholders
paltough industries (1998) ltd
Group Structure
View All
Contact
Registered Address
5.2 central house, 1 ballards lane, london, N3 1LQ
Website
www.palram.compalram polycarb limited Estimated Valuation
Pomanda estimates the enterprise value of PALRAM POLYCARB LIMITED at £12.2m based on a Turnover of £26.6m and 0.46x industry multiple (adjusted for size and gross margin).
palram polycarb limited Estimated Valuation
Pomanda estimates the enterprise value of PALRAM POLYCARB LIMITED at £0 based on an EBITDA of £-458.3k and a 3.66x industry multiple (adjusted for size and gross margin).
palram polycarb limited Estimated Valuation
Pomanda estimates the enterprise value of PALRAM POLYCARB LIMITED at £34.7m based on Net Assets of £18.8m and 1.85x industry multiple (adjusted for liquidity).
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Palram Polycarb Limited Overview
Palram Polycarb Limited is a live company located in london, N3 1LQ with a Companies House number of 03013725. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in January 1995, it's largest shareholder is paltough industries (1998) ltd with a 100% stake. Palram Polycarb Limited is a mature, large sized company, Pomanda has estimated its turnover at £26.6m with low growth in recent years.
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Palram Polycarb Limited Health Check
Pomanda's financial health check has awarded Palram Polycarb Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £26.6m, make it larger than the average company (£16.9m)
£26.6m - Palram Polycarb Limited
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.1%)
2% - Palram Polycarb Limited
8.1% - Industry AVG
Production
with a gross margin of 8.8%, this company has a higher cost of product (27%)
8.8% - Palram Polycarb Limited
27% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (5.4%)
-3.5% - Palram Polycarb Limited
5.4% - Industry AVG
Employees
with 100 employees, this is similar to the industry average (101)
100 - Palram Polycarb Limited
101 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£37.4k)
£35.6k - Palram Polycarb Limited
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £266.1k, this is more efficient (£174.5k)
£266.1k - Palram Polycarb Limited
£174.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (51 days)
0 days - Palram Polycarb Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (38 days)
28 days - Palram Polycarb Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 76 days, this is more than average (59 days)
76 days - Palram Polycarb Limited
59 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (13 weeks)
13 weeks - Palram Polycarb Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15%, this is a lower level of debt than the average (41.7%)
15% - Palram Polycarb Limited
41.7% - Industry AVG
PALRAM POLYCARB LIMITED financials
Palram Polycarb Limited's latest turnover from December 2023 is £26.6 million and the company has net assets of £18.8 million. According to their latest financial statements, Palram Polycarb Limited has 100 employees and maintains cash reserves of £699.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 26,605,947 | 32,374,107 | 29,416,028 | 25,205,399 | 25,139,359 | 26,857,237 | 28,115,942 | 25,894,761 | 30,793,470 | 29,607,189 | 28,820,100 | 25,176,515 | 26,216,175 | 25,203,956 | 22,218,724 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 24,261,662 | 27,543,673 | 22,792,880 | 17,936,794 | 20,589,774 | 24,405,848 | 24,284,722 | 19,723,543 | 24,701,098 | 23,309,570 | 22,180,992 | 19,446,591 | 20,945,576 | 21,608,256 | 18,046,105 |
Gross Profit | 2,344,285 | 4,830,434 | 6,623,148 | 7,268,605 | 4,549,585 | 2,451,389 | 3,831,220 | 6,171,218 | 6,092,372 | 6,297,619 | 6,639,108 | 5,729,924 | 5,270,599 | 3,595,700 | 4,172,619 |
Admin Expenses | 3,281,725 | 2,485,111 | 2,166,386 | 1,912,713 | 2,611,184 | 2,231,625 | 2,338,808 | 4,118,515 | 5,717,213 | 6,232,521 | 6,570,343 | 4,599,238 | 4,866,094 | 4,794,241 | 3,933,288 |
Operating Profit | -937,440 | 2,345,323 | 4,456,762 | 5,355,892 | 1,938,401 | 219,764 | 1,492,412 | 2,052,703 | 375,159 | 65,098 | 68,765 | 1,130,686 | 404,505 | -1,198,541 | 239,331 |
Interest Payable | 2,071 | 1,319 | 367 | 39,599 | 116,152 | 202,884 | 156,630 | 33,571 | 155,267 | 162,431 | 173,583 | 145,280 | 160,056 | 120,234 | 78,673 |
Interest Receivable | 13,029 | 39,943 | 32,753 | 77,639 | 124,406 | 99,606 | 156,630 | 176,716 | 7,132 | 8,000 | 10,000 | 101 | 328 | 0 | 0 |
Pre-Tax Profit | -1,346,856 | 1,359,974 | 4,074,671 | 5,504,966 | 1,865,746 | 130,919 | 1,266,949 | 2,023,453 | 226,383 | -89,333 | -94,818 | 985,507 | 244,777 | -1,541,695 | 160,658 |
Tax | 309,550 | -493,477 | -845,094 | -1,071,012 | -350,378 | -28,790 | -275,919 | -346,989 | -70,203 | -17,338 | -81,773 | -279,431 | -43,307 | 508,499 | -49,388 |
Profit After Tax | -1,037,306 | 866,497 | 3,229,577 | 4,433,954 | 1,515,368 | 102,129 | 991,030 | 1,676,464 | 156,180 | -106,671 | -176,591 | 706,076 | 201,470 | -1,033,196 | 111,270 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -1,037,306 | 866,497 | 3,229,577 | 4,433,954 | 1,515,368 | 102,129 | 991,030 | 1,676,464 | 156,180 | -106,671 | -176,591 | 706,076 | 201,470 | -1,033,196 | 111,270 |
Employee Costs | 3,562,397 | 2,917,665 | 2,797,365 | 2,670,861 | 2,769,108 | 2,728,538 | 2,591,032 | 2,462,637 | 3,573,016 | 3,601,951 | 3,408,827 | 2,293,034 | 2,337,179 | 2,233,174 | 2,180,643 |
Number Of Employees | 100 | 90 | 89 | 86 | 90 | 90 | 87 | 84 | 127 | 126 | 122 | 81 | 84 | 86 | 90 |
EBITDA* | -458,323 | 2,741,239 | 4,824,279 | 5,693,704 | 2,238,108 | 512,397 | 1,504,267 | 2,052,703 | 831,879 | 573,027 | 503,388 | 1,616,388 | 943,506 | -688,714 | 675,904 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,952,944 | 2,447,994 | 2,449,174 | 2,708,436 | 4,111,536 | 3,857,238 | 3,108,468 | 3,290,169 | 3,686,953 | 3,776,080 | 3,783,194 | 4,720,281 | 5,252,269 | 4,793,458 | 4,038,498 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 73,000 | 146,000 | 219,000 | 292,500 |
Investments & Other | 0 | 0 | 1,242,187 | 1,242,187 | 1,242,187 | 902,238 | 1 | 175,530 | 0 | 0 | 0 | 902,944 | 902,944 | 23,870 | 23,870 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,952,944 | 2,447,994 | 3,691,361 | 3,950,623 | 4,111,536 | 3,857,238 | 3,108,468 | 3,290,169 | 3,686,953 | 3,776,080 | 3,783,194 | 4,793,281 | 5,398,269 | 5,012,458 | 4,330,998 |
Stock & work in progress | 5,082,334 | 5,284,617 | 5,441,805 | 2,730,737 | 3,205,737 | 4,343,723 | 2,831,832 | 3,761,266 | 4,036,285 | 7,016,287 | 6,746,469 | 5,731,077 | 3,499,256 | 4,570,284 | 3,773,333 |
Trade Debtors | 9,883 | 3,766 | 12,336 | 700 | 3,269 | 0 | 21,390 | 21,425 | 31,218 | 20,478 | 26,455 | 4,616 | 70,591 | 103,119 | 223 |
Group Debtors | 12,485,749 | 11,980,766 | 11,283,413 | 12,354,480 | 11,610,644 | 8,609,405 | 15,166,794 | 12,892,280 | 9,421,597 | 5,781,060 | 5,560,644 | 7,903,266 | 5,784,938 | 8,778,912 | 6,617,358 |
Misc Debtors | 877,712 | 1,224,196 | 595,248 | 439,296 | 330,330 | 96,721 | 62,914 | 86,803 | 307,737 | 649,047 | 493,687 | 211,035 | 309,496 | 259,576 | 277,039 |
Cash | 699,508 | 570,698 | 283,293 | 336,923 | 2,847 | 3,897 | 3,039 | 154,821 | 603,472 | 86,742 | 1,471,977 | 1,776 | 109,916 | 2,342 | 51,947 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 19,155,186 | 19,064,043 | 17,616,095 | 15,862,136 | 15,152,827 | 13,053,746 | 18,085,969 | 16,916,595 | 14,400,309 | 13,553,614 | 14,299,232 | 13,851,770 | 9,774,197 | 13,714,233 | 10,719,900 |
total assets | 22,108,130 | 21,512,037 | 21,307,456 | 19,812,759 | 19,264,363 | 16,910,984 | 21,194,437 | 20,206,764 | 18,087,262 | 17,329,694 | 18,082,426 | 18,645,051 | 15,172,466 | 18,726,691 | 15,050,898 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 246,727 | 1,241,448 | 0 | 0 | 1,072,946 | 2,088,507 | 1,372,039 | 2,878,263 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 3,000,000 | 2,500,000 | 8,000,000 | 1,000,000 | 0 | 0 | 0 | 651,254 | 779,310 | 472,549 | 377,830 |
Trade Creditors | 1,876,875 | 816,637 | 1,207,824 | 2,854,086 | 3,563,310 | 3,645,648 | 3,033,873 | 2,743,008 | 5,250,165 | 9,299,048 | 6,003,052 | 5,374,759 | 3,242,529 | 5,692,240 | 3,062,008 |
Group/Directors Accounts | 652,512 | 232,057 | 439,733 | 150,729 | 0 | 0 | 0 | 0 | 85,597 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 1,250,000 | 1,250,000 | 2,500,000 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,619 | 25,169 | 51,684 | 158,657 | 199,478 |
other current liabilities | 230,907 | 146,831 | 216,035 | 741,262 | 1,102,882 | 1,043,121 | 1,158,199 | 1,000,353 | 340,231 | 1,123,563 | 2,125,038 | 2,485,073 | 1,740,994 | 828,724 | 3,669,201 |
total current liabilities | 2,760,294 | 1,195,525 | 1,863,592 | 3,746,077 | 7,666,192 | 7,188,769 | 12,438,799 | 5,984,809 | 5,675,993 | 10,422,611 | 10,209,655 | 11,874,762 | 8,436,556 | 12,530,433 | 7,308,517 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,000,000 | 6,500,000 | 2,142,858 | 3,747,230 | 834,716 | 2,204,352 | 1,766,248 | 1,863,580 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,029 | 13,648 | 38,817 | 100,862 | 220,118 |
Accruals and Deferred Income | 84,287 | 111,908 | 139,528 | 60,004 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 100,003 | 113,336 | 149,868 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 480,994 | 384,743 | 350,972 | 282,891 | 470,002 | 389,168 | 438,026 | 326,054 | 0 | 91,958 | 249,256 | 455,084 | 415,508 | 328,894 | 1,208,452 |
total long term liabilities | 565,281 | 496,651 | 490,500 | 342,895 | 235,001 | 194,584 | 319,016 | 6,776,363 | 6,649,868 | 1,117,408 | 1,998,243 | 644,900 | 1,309,930 | 1,047,571 | 1,536,016 |
total liabilities | 3,325,575 | 1,692,176 | 2,354,092 | 4,088,972 | 7,901,193 | 7,383,353 | 12,757,815 | 12,761,172 | 12,325,861 | 11,540,019 | 12,207,898 | 12,519,662 | 9,746,486 | 13,578,004 | 8,844,533 |
net assets | 18,782,555 | 19,819,861 | 18,953,364 | 15,723,787 | 11,363,170 | 9,527,631 | 8,436,622 | 7,445,592 | 5,761,401 | 5,789,675 | 5,874,528 | 6,125,389 | 5,425,980 | 5,148,687 | 6,206,365 |
total shareholders funds | 18,782,555 | 19,819,861 | 18,953,364 | 15,723,787 | 11,363,170 | 9,527,631 | 8,436,622 | 7,445,592 | 5,761,401 | 5,789,675 | 5,874,528 | 6,125,389 | 5,425,980 | 5,148,687 | 6,206,365 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -937,440 | 2,345,323 | 4,456,762 | 5,355,892 | 1,938,401 | 219,764 | 1,492,412 | 2,052,703 | 375,159 | 65,098 | 68,765 | 1,130,686 | 404,505 | -1,198,541 | 239,331 |
Depreciation | 479,117 | 395,916 | 367,517 | 337,812 | 299,707 | 292,633 | 11,855 | 0 | 456,720 | 507,929 | 434,623 | 485,702 | 539,001 | 509,827 | 436,573 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 309,550 | -493,477 | -845,094 | -1,071,012 | -350,378 | -28,790 | -275,919 | -346,989 | -70,203 | -17,338 | -81,773 | -279,431 | -43,307 | 508,499 | -49,388 |
Stock | -202,283 | -157,188 | 2,711,068 | -475,000 | -1,137,986 | 1,511,891 | -929,434 | -275,019 | -2,980,002 | 269,818 | 1,015,392 | 2,231,821 | -1,071,028 | 796,951 | 3,773,333 |
Debtors | 164,616 | 1,317,731 | -903,479 | 850,233 | 3,238,117 | -6,544,972 | 2,250,590 | 3,239,956 | 3,309,967 | 369,799 | -2,038,131 | 1,953,892 | -2,976,582 | 2,246,987 | 6,894,620 |
Creditors | 1,060,238 | -391,187 | -1,646,262 | -709,224 | -82,338 | 611,775 | 290,865 | -2,507,157 | -4,048,883 | 3,295,996 | 628,293 | 2,132,230 | -2,449,711 | 2,630,232 | 3,062,008 |
Accruals and Deferred Income | 56,455 | -96,824 | -445,703 | -301,616 | 59,761 | -115,078 | 157,846 | 660,122 | -783,332 | -1,001,475 | -360,035 | 744,079 | 912,270 | -2,840,477 | 3,669,201 |
Deferred Taxes & Provisions | 96,251 | 33,771 | 68,081 | -187,111 | 80,834 | -48,858 | 111,972 | 326,054 | -91,958 | -157,298 | -205,828 | 39,576 | 86,614 | -879,558 | 1,208,452 |
Cash flow from operations | 1,101,838 | 632,979 | 147,712 | 3,049,508 | -154,144 | 5,964,527 | 467,875 | -2,780,204 | -4,492,462 | 2,053,295 | 1,506,784 | 67,129 | 3,496,982 | -4,313,956 | -2,101,776 |
Investing Activities | |||||||||||||||
capital expenditure | -386,192 | ||||||||||||||
Change in Investments | 0 | -1,242,187 | 0 | 0 | 339,949 | 902,237 | -175,529 | 175,530 | 0 | 0 | -902,944 | 0 | 879,074 | 0 | 23,870 |
cash flow from investments | -386,192 | ||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | -3,000,000 | 500,000 | -5,500,000 | 7,000,000 | 1,000,000 | 0 | 0 | -651,254 | -128,056 | 306,761 | 94,719 | 377,830 |
Group/Directors Accounts | 420,455 | -207,676 | 289,004 | 150,729 | 0 | 0 | 0 | -85,597 | 85,597 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000,000 | -250,000 | 0 | -1,250,000 | 2,500,000 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -13,000,000 | 6,500,000 | 4,357,142 | -1,604,372 | 2,912,514 | -1,369,636 | 438,104 | -97,332 | 1,863,580 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,648 | -25,169 | -51,684 | -169,018 | -160,077 | 419,596 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | -100,003 | -13,333 | -36,532 | 149,868 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 10,958 | 38,624 | 32,386 | 38,040 | 8,254 | -103,278 | 0 | 143,145 | -148,135 | -154,431 | -163,583 | -145,179 | -159,728 | -120,234 | -78,673 |
cash flow from financing | 431,413 | -169,052 | 321,390 | -2,884,568 | 828,425 | -4,714,401 | -6,013,333 | 7,528,743 | 4,260,018 | -2,750,633 | 1,748,238 | -1,701,222 | -758,058 | 2,192,594 | 8,677,428 |
cash and cash equivalents | |||||||||||||||
cash | 128,810 | 287,405 | -53,630 | 334,076 | -1,050 | 858 | -151,782 | -448,651 | 516,730 | -1,385,235 | 1,470,201 | -108,140 | 107,574 | -49,605 | 51,947 |
overdraft | 0 | 0 | 0 | 0 | 0 | -246,727 | -994,721 | 1,241,448 | 0 | -1,072,946 | -1,015,561 | 716,468 | -1,506,224 | 2,878,263 | 0 |
change in cash | 128,810 | 287,405 | -53,630 | 334,076 | -1,050 | 247,585 | 842,939 | -1,690,099 | 516,730 | -312,289 | 2,485,762 | -824,608 | 1,613,798 | -2,927,868 | 51,947 |
palram polycarb limited Credit Report and Business Information
Palram Polycarb Limited Competitor Analysis
Perform a competitor analysis for palram polycarb limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in N 3 area or any other competitors across 12 key performance metrics.
palram polycarb limited Ownership
PALRAM POLYCARB LIMITED group structure
Palram Polycarb Limited has no subsidiary companies.
Ultimate parent company
PALRAM INDUSTRIES (1990) LTD
#0054621
PALTOUGH INDUSTRIES (1998) LTD
#0022083
2 parents
PALRAM POLYCARB LIMITED
03013725
palram polycarb limited directors
Palram Polycarb Limited currently has 4 directors. The longest serving directors include Mr Shai Michael (Apr 2019) and Mr Omry Jakobovitz (Nov 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Shai Michael | England | 58 years | Apr 2019 | - | Director |
Mr Omry Jakobovitz | England | 37 years | Nov 2019 | - | Director |
Mrs Jennifer Armitage | England | 51 years | Jan 2022 | - | Director |
Mr Avishai Zamir | England | 48 years | Mar 2023 | - | Director |
P&L
December 2023turnover
26.6m
-18%
operating profit
-937.4k
-140%
gross margin
8.9%
-40.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
18.8m
-0.05%
total assets
22.1m
+0.03%
cash
699.5k
+0.23%
net assets
Total assets minus all liabilities
palram polycarb limited company details
company number
03013725
Type
Private limited with Share Capital
industry
22290 - Manufacture of other plastic products
incorporation date
January 1995
age
29
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
polycarb limited (August 2003)
tessglen enterprises limited (March 1995)
accountant
-
auditor
HAWSONS
address
5.2 central house, 1 ballards lane, london, N3 1LQ
Bank
BANK OF COMMERCE
Legal Advisor
-
palram polycarb limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to palram polycarb limited. Currently there are 3 open charges and 4 have been satisfied in the past.
palram polycarb limited Capital Raised & Share Issues BETA
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palram polycarb limited Companies House Filings - See Documents
date | description | view/download |
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