palace ventures limited
palace ventures limited Company Information
Company Number
04876135
Next Accounts
Sep 2025
Shareholders
david john matthew barnes
richard van den bergh
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
suite 27 8 shepherd market, mayfair, london, W1J 7JY
Website
www.palaceventures.compalace ventures limited Estimated Valuation
Pomanda estimates the enterprise value of PALACE VENTURES LIMITED at £80.3k based on a Turnover of £98.7k and 0.81x industry multiple (adjusted for size and gross margin).
palace ventures limited Estimated Valuation
Pomanda estimates the enterprise value of PALACE VENTURES LIMITED at £8.4k based on an EBITDA of £3k and a 2.81x industry multiple (adjusted for size and gross margin).
palace ventures limited Estimated Valuation
Pomanda estimates the enterprise value of PALACE VENTURES LIMITED at £40.6k based on Net Assets of £30.3k and 1.34x industry multiple (adjusted for liquidity).
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Palace Ventures Limited Overview
Palace Ventures Limited is a live company located in london, W1J 7JY with a Companies House number of 04876135. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in August 2003, it's largest shareholder is david john matthew barnes with a 62.5% stake. Palace Ventures Limited is a mature, micro sized company, Pomanda has estimated its turnover at £98.7k with healthy growth in recent years.
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Palace Ventures Limited Health Check
Pomanda's financial health check has awarded Palace Ventures Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £98.7k, make it smaller than the average company (£5.5m)
- Palace Ventures Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.9%)
- Palace Ventures Limited
4.9% - Industry AVG
Production
with a gross margin of 13.6%, this company has a higher cost of product (53.9%)
- Palace Ventures Limited
53.9% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (9.1%)
- Palace Ventures Limited
9.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Palace Ventures Limited
14 - Industry AVG
Pay Structure
on an average salary of £82.9k, the company has an equivalent pay structure (£82.9k)
- Palace Ventures Limited
£82.9k - Industry AVG
Efficiency
resulting in sales per employee of £98.7k, this is less efficient (£223.8k)
- Palace Ventures Limited
£223.8k - Industry AVG
Debtor Days
it gets paid by customers after 115 days, this is later than average (33 days)
- Palace Ventures Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (46 days)
- Palace Ventures Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Palace Ventures Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Palace Ventures Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.2%, this is a lower level of debt than the average (70.8%)
3.2% - Palace Ventures Limited
70.8% - Industry AVG
PALACE VENTURES LIMITED financials
Palace Ventures Limited's latest turnover from December 2023 is estimated at £98.7 thousand and the company has net assets of £30.3 thousand. According to their latest financial statements, Palace Ventures Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 161,686 | 271,037 | 293,381 | ||||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 39,750 | 29,760 | 29,144 | ||||||||||||
| Gross Profit | 121,936 | 241,277 | 264,237 | ||||||||||||
| Admin Expenses | 121,150 | 240,483 | 260,786 | ||||||||||||
| Operating Profit | 786 | 794 | 3,451 | ||||||||||||
| Interest Payable | 418 | 480 | 473 | ||||||||||||
| Interest Receivable | 0 | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 369 | 314 | 2,978 | ||||||||||||
| Tax | -104 | -88 | 0 | ||||||||||||
| Profit After Tax | 265 | 226 | 2,978 | ||||||||||||
| Dividends Paid | 0 | 0 | 0 | ||||||||||||
| Retained Profit | 265 | 226 | 2,978 | ||||||||||||
| Employee Costs | 38,000 | 110,300 | 121,200 | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 4 | ||||||
| EBITDA* | 786 | 794 | 3,451 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 164,258 | 164,258 | 164,258 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 9,000 | 10,000 | 0 | 49,500 | 45,000 |
| Trade Debtors | 31,250 | 28,217 | 27,960 | 27,733 | 27,525 | 26,529 | 26,486 | 26,338 | 20,000 | 25,000 | 9,156 | 10,000 | 23,000 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,060 | 1,104 | 6,043 | 2,410 | 216 | 350 | 5,375 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,250 | 28,217 | 27,960 | 27,733 | 27,525 | 26,529 | 26,486 | 26,338 | 26,060 | 26,104 | 24,199 | 22,410 | 23,216 | 49,850 | 50,375 |
| total assets | 31,250 | 28,217 | 27,960 | 27,733 | 27,525 | 190,787 | 190,744 | 190,596 | 190,318 | 190,362 | 188,457 | 186,668 | 187,474 | 214,108 | 214,633 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,000 | 200 | 200 | 357 | 400 | 427 | 767 | 1,000 | 1,000 | 1,350 | 150 | 100 | 250 | 612 | 1,168 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,900 | 26,900 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300 | 300 | 715 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 717 | 354 | 135 |
| total current liabilities | 1,000 | 200 | 200 | 357 | 400 | 427 | 767 | 1,000 | 1,000 | 1,350 | 150 | 100 | 1,267 | 28,166 | 28,918 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 164,258 | 164,258 | 164,258 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 | 164,258 |
| total liabilities | 1,000 | 200 | 200 | 357 | 400 | 164,685 | 165,025 | 165,258 | 165,258 | 165,608 | 164,408 | 164,358 | 165,525 | 192,424 | 193,176 |
| net assets | 30,250 | 28,017 | 27,760 | 27,376 | 27,125 | 26,102 | 25,719 | 25,338 | 25,060 | 24,754 | 24,049 | 22,310 | 21,949 | 21,684 | 21,457 |
| total shareholders funds | 30,250 | 28,017 | 27,760 | 27,376 | 27,125 | 26,102 | 25,719 | 25,338 | 25,060 | 24,754 | 24,049 | 22,310 | 21,949 | 21,684 | 21,457 |
| Dec 2023 | Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 786 | 794 | 3,451 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -104 | -88 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,000 | 2,000 | -9,000 | -1,000 | 10,000 | -49,500 | 4,500 | 45,000 |
| Debtors | 3,033 | 257 | 227 | 208 | 996 | 43 | 148 | 6,338 | -5,000 | 15,844 | -844 | -13,000 | 23,000 | 0 | 0 |
| Creditors | 800 | 0 | -157 | -43 | -27 | -340 | -233 | 0 | -350 | 1,200 | 50 | -150 | -362 | -556 | 1,168 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -717 | 363 | 219 | 135 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 27,183 | -4,131 | -40,246 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -164,258 | 0 | 0 | 0 | 0 | 0 | 0 | 164,258 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -26,900 | 0 | 26,900 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -300 | 0 | -415 | 715 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -164,258 | 0 | 0 | 164,258 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -164,258 | 0 | 0 | 0 | 0 | 0 | 0 | 164,258 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -418 | -480 | -473 | ||||||||||||
| cash flow from financing | -27,318 | -894 | 209,879 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,060 | 2,956 | -4,939 | 3,633 | 2,194 | -134 | -5,025 | 5,375 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,060 | 2,956 | -4,939 | 3,633 | 2,194 | -134 | -5,025 | 5,375 |
palace ventures limited Credit Report and Business Information
Palace Ventures Limited Competitor Analysis
Perform a competitor analysis for palace ventures limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in W1J area or any other competitors across 12 key performance metrics.
palace ventures limited Ownership
PALACE VENTURES LIMITED group structure
Palace Ventures Limited has no subsidiary companies.
Ultimate parent company
PALACE VENTURES LIMITED
04876135
palace ventures limited directors
Palace Ventures Limited currently has 2 directors. The longest serving directors include Mr David Barnes (Aug 2003) and Mr Richard Van Den Bergh (Aug 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Barnes | United Kingdom | 60 years | Aug 2003 | - | Director |
| Mr Richard Van Den Bergh | 77 years | Aug 2003 | - | Director |
P&L
December 2023turnover
98.7k
+11%
operating profit
3k
0%
gross margin
13.7%
-13.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
30.3k
+0.08%
total assets
31.3k
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
palace ventures limited company details
company number
04876135
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
August 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
suite 27 8 shepherd market, mayfair, london, W1J 7JY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
palace ventures 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 did not find charges/mortgages relating to palace ventures limited.
palace ventures limited Capital Raised & Share Issues BETA
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palace ventures limited Companies House Filings - See Documents
| date | description | view/download |
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