PALMAR LIMITED

Company number 02891073 · Active

PALMAR LIMITED is a private limited company registered in BIRMINGHAM, United Kingdom, incorporated on 25 Jan 1994. Its registered activity is wholesale trade of motor vehicle parts and accessories. Its latest published accounts for the period ending 31 Mar 2022 show equity of £2.1m, total assets of £2.6m. It has filed 3 sets of accounts. Our model estimates a 1.01 % probability that it becomes insolvent within 12 months, 8.7 times the average for active companies (very high risk).

Insolvency risk, next 12 months

1.01 %
Very high risk
Lowest riskHighest risk

Higher than 98 % of active companies in the United Kingdom. 8.7× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
02891073 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
25 Jan 1994 (33 years)
Registered address
B3 2RT BIRMINGHAM
Postcode area
Birmingham
Activity
45310 Wholesale trade of motor vehicle parts and accessories
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202215 Jul 2022– –£2.1m£2.6m £489k£1.2m23
31 Mar 202115 Oct 2021– –£1.6m£2.1m £444k£860k21
31 Mar 202015 Dec 2020– –£1.3m£1.6m £352k£419k18

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about PALMAR LIMITED

What is the company number of PALMAR LIMITED?

PALMAR LIMITED is registered under company number 02891073 in the official register of United Kingdom. View it at the official register.

Is PALMAR LIMITED still active?

Yes. PALMAR LIMITED is registered as active (status: Active).

Has PALMAR LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PALMAR LIMITED in the official data.

How likely is PALMAR LIMITED to become insolvent?

Our model estimates a 1.01 % probability that PALMAR LIMITED becomes insolvent within the next 12 months (very high risk). That is higher than 98 % of active companies in the United Kingdom.

When was PALMAR LIMITED founded?

PALMAR LIMITED was incorporated on 25 Jan 1994.

Where is PALMAR LIMITED registered?

PALMAR LIMITED's registered address is in B3 2RT BIRMINGHAM (Birmingham), United Kingdom.

What do the latest accounts of PALMAR LIMITED show?

The latest published accounts (period ending 31 Mar 2022) show equity of £2.1m, total assets of £2.6m, 23 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.