PALM CONSTRUCTION LIMITED

Company number 06368689 · Active (Active - Proposal to Strike off)

PALM CONSTRUCTION LIMITED is a private limited company registered in BOVEY TRACEY, United Kingdom, incorporated on 12 Sep 2007. Its registered activity is construction of commercial buildings. Its latest published accounts for the period ending 31 Mar 2023 show equity of −£15k, total assets of £4,831. It has filed 4 sets of accounts. Our model estimates a 0.24 % probability that it becomes insolvent within 12 months, 2.1 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.24 %
High risk
Lowest riskHighest risk

Higher than 94 % of active companies in the United Kingdom. 2.1× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Region0.8×TQ · 0.10 % 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
06368689 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
12 Sep 2007 (19 years)
Registered address
TQ13 9AE BOVEY TRACEY
Postcode area
Torquay
Activity
41201 Construction of commercial buildings
Industry
Construction of buildings
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202315 Jul 2023– –−£15k£4,831 £20k£772
30 Sep 202115 Jun 2022– –£5,524£46k £35k£8,2933
30 Sep 202015 Jan 2021– –−£2,485£41k £35k£26k1
30 Sep 201915 Apr 2020– –£2,800£27k £14k£948–

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

Similar companies in Torquay

Questions about PALM CONSTRUCTION LIMITED

What is the company number of PALM CONSTRUCTION LIMITED?

PALM CONSTRUCTION LIMITED is registered under company number 06368689 in the official register of United Kingdom. View it at the official register.

Is PALM CONSTRUCTION LIMITED still active?

Yes. PALM CONSTRUCTION LIMITED is registered as active (status: Active - Proposal to Strike off).

Has PALM CONSTRUCTION LIMITED gone bankrupt or into insolvency?

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

How likely is PALM CONSTRUCTION LIMITED to become insolvent?

Our model estimates a 0.24 % probability that PALM CONSTRUCTION LIMITED becomes insolvent within the next 12 months (high risk). That is higher than 94 % of active companies in the United Kingdom.

When was PALM CONSTRUCTION LIMITED founded?

PALM CONSTRUCTION LIMITED was incorporated on 12 Sep 2007.

Where is PALM CONSTRUCTION LIMITED registered?

PALM CONSTRUCTION LIMITED's registered address is in TQ13 9AE BOVEY TRACEY (Torquay), United Kingdom.

What do the latest accounts of PALM CONSTRUCTION LIMITED show?

The latest published accounts (period ending 31 Mar 2023) show equity of −£15k, total assets of £4,831, 2 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 8 Nov 2026.