PALMARIS SERVICES LIMITED

1. PALMARIS SERVICES LIMITED 2005-04-07 → present
2. PACIFIC SHELF 1305 LIMITED 2005-03-15 → 2005-04-07

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding the loss in the year of £156,324 and net current liabilities position of £1,107,630, the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared group cash flow forecasts for a period of 12 months from the date of approval of these financial statements. These forecasts indicate that the company will have sufficient funds through a combination of cash balances and committed intergroup borrowing facilities from its parent company to meet its liabilities as they fall due for that period. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. PALMARIS SERVICES LIMITED · parent
   1. Fraser Fire Alarms Limited 100% · Dormant

Significant events

• “The company had a disappointing year, reporting a loss before tax of £202,080 (2023: loss before tax of £151,902).”
• “A change to the future UK corporation tax rate was announced in the March 2021 Budget. The rate increased from 19% to 25% with effect from 1 April 2023.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -2%

  £6,531,233 → £6,399,478

• Cash

  -50.6%

  £60,030 → £29,675

• Net assets

  -22.8%

  £686,435 → £530,111

• Employees

  -5.9%

  239 → 225

• Operating profit

  -33%

  -£151,902 → -£202,080

• Profit before tax

  -33%

  -£151,902 → -£202,080

• Wages

  -0.8%

  £4,124,172 → £4,092,865

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