PALACE CAPITAL PLC
Get an alert when PALACE CAPITAL PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-17 (in 8mo)
Last made up 2026-01-03
Watchouts
Cash
£22M
+12.4% vs 2024
Net assets
£73M
-25.8% vs 2024
Employees
7
-12.5% vs 2024
Profit before tax
£1M
+115% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 3 times since incorporation
- PALACE CAPITAL PLC 2010-07-30 → present
- LEO INSURANCE SERVICES PLC 2006-01-05 → 2010-07-30
- LIBRA RETAIL PLC 2005-03-21 → 2006-01-05
- SECURE VENTURES (NO. 4) PLC 2005-01-14 → 2005-03-21
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £19,599,000 | £13,245,000 | |
| Operating profit | -£7,260,000 | £708,000 | |
| Profit before tax | -£9,316,000 | £1,397,000 | |
| Net profit | -£9,362,000 | £1,422,000 | |
| Cash | £19,766,000 | £22,222,000 | |
| Total assets less current liabilities | £106,329,000 | £73,745,000 | |
| Net assets | £97,774,000 | £72,504,000 | |
| Equity | £97,774,000 | £72,504,000 | |
| Average employees | 8 | 7 | |
| Wages | £1,181,000 | £805,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -37.0% | 5.3% | |
| Net margin | -47.8% | 10.7% | |
| Return on capital employed | -6.8% | 1.0% | |
| Gearing (liabilities / total assets) | 11.7% | 5.9% | |
| Current ratio | 7.06x | 11.79x | |
| Interest cover | -3.80x | 5.62x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS-UK
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have made an assessment of the Group's ability to continue as a going concern which included the current economic headwinds coupled with the Group's cash resources, borrowing facilities, rental income, disposals of investment properties, committed capital and other expenditure and dividend distributions.”
Group structure
- PALACE CAPITAL PLC · parent
- Palace Capital (Leeds) Limited 100%
- Palace Capital (Northampton) Limited 100%
- Palace Capital (Properties) Limited 100%
- Palace Capital (Developments) Limited 100%
- Palace Capital (Halifax) Limited 100%
- Palace Capital (Signal) Limited 100%
- Property Investment Holdings Limited 100%
- Palace Capital (Dartford) Limited 100%
- Palace Capital (Newcastle) Limited 100%
- Palace Capital (York) Limited 100%
- Clubcourt Limited 40%
Significant events
- “On 11 April 2025 the Group completed on the disposal of Hudson Quarter, York for a total consideration of £10 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ONE ADVISORY LIMITED | Corporate Secretary | 2026-02-13 | — | — |
| KAPPELHOFF-WULFF, Henrik Christian | Director | 2026-01-23 | Sep 1987 | German |
| PIERBURG, Valentin Sebastian | Director | 2026-01-23 | Jul 1987 | Swiss |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIS, Paul Malcolm | Secretary | 2005-01-14 | 2010-07-30 |
| GRINHAM, Nicola Jane | Secretary | 2019-07-31 | 2021-12-15 |
| HIGGINS, Philip | Secretary | 2021-12-15 | 2025-06-13 |
| KAYE, David Malcolm | Secretary | 2010-07-30 | 2019-07-31 |
| LIMITED, The Cosec Coach | Secretary | 2025-06-16 | 2026-01-30 |
| CAAN, James | Director | 2005-03-22 | 2005-11-04 |
| DAVIES, Mark Anthony Philip | Director | 2022-08-01 | 2026-01-23 |
| DAVIS, Paul Malcolm | Director | 2005-01-14 | 2010-07-30 |
| DAVIS, Stanley Harold | Director | 2010-07-30 | 2021-12-31 |
| DILLON, Paula Marie | Director | 2020-03-01 | 2022-07-19 |
| DOVE, Anthony Charles | Director | 2011-08-23 | 2020-08-07 |
| LIPMAN, Errol Alan | Director | 2005-01-18 | 2010-07-30 |
| LIPMAN, Larry Glenn, Dr | Director | 2005-01-14 | 2010-07-30 |
| NAGIOFF, Roger Benjamin | Director | 2014-01-16 | 2014-09-24 |
| OWEN, Steven Jonathan | Director | 2022-01-01 | 2026-01-23 |
| SILVESTER, Stephen John | Director | 2015-07-01 | 2021-10-29 |
| SIMPSON, Matthew Ian | Director | 2021-11-11 | 2023-11-14 |
| SINCLAIR, Ronald Neil | Director | 2010-07-30 | 2022-06-14 |
| STARR, Richard Paul | Director | 2013-10-21 | 2022-08-12 |
| TAYLOR-SMITH, Kim David Spencer, Cllr | Director | 2014-10-06 | 2022-07-19 |
| WILSON, Mickola Rosemary | Director | 2019-02-01 | 2022-07-19 |
| YOUNG, Edward George | Director | 2009-05-18 | 2010-07-30 |
| YOUNG, Edward George | Director | 2005-03-22 | 2008-05-23 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 229 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-02 RESOLUTIONS Resolution
- 2025-07-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-16 | CH01 | officers | Change person director company with change date | |
| 2026-02-17 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-02-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-01 | SH03 | capital | Capital return purchase own shares | |
| 2025-11-28 | AA01 | accounts | Change account reference date company current extended | |
| 2025-10-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-10 | SH07 | capital | Capital cancellation shares by plc | |
| 2025-09-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-24 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-23 | AA | accounts | Accounts with accounts type group | |
| 2025-07-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 2
- Officers appointed
- 3
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-32.4%
£19,599,000 £13,245,000
-
Cash
+12.4%
£19,766,000 £22,222,000
-
Net assets
-25.8%
£97,774,000 £72,504,000
-
Employees
-12.5%
8 7
-
Operating profit
+109.8%
-£7,260,000 £708,000
-
Profit before tax
+115%
-£9,316,000 £1,397,000
-
Wages
-31.8%
£1,181,000 £805,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers