PALACE LAUNDRY LTD

Company number 11139452 · Active

PALACE LAUNDRY LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 9 Jan 2018. Its registered activity is washing and (dry-)cleaning of textile and fur products. Its latest published accounts for the period ending 31 Jan 2026 show equity of −£6.2m, total assets of £5.7m, turnover of £3.6m, a result of −£1.7m. It has filed 4 sets of accounts. Our model estimates a 0.14 % probability that it becomes insolvent within 12 months, 1.2 times the average for active companies (medium risk).

Insolvency risk, next 12 months

0.14 %
Medium risk
Lowest riskHighest risk

Higher than 93 % of active companies in the United Kingdom. 1.2× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Turnover (log)5.6×6.00802–7.22806 · 0.65 % became insolvent
Return on assets4.4×-0.633926–-0.0567532 · 0.51 % became insolvent
Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent

Lowers the risk

Region0.2×SW · 0.02 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 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
11139452 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 Jan 2018 (9 years)
Registered address
SW7 2SP LONDON
Postcode area
London South West
Activity
96010 Washing and (dry-)cleaning of textile and fur products
Industry
Other personal service activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202615 Aug 2026£3.6m −£1.7m−£6.2m£5.7m £11.8m£40k84
31 Jan 202515 Jul 2025£3.7m −£503k−£4.5m£6.1m £10.0m£66k83
31 Jan 202415 Aug 2024£3.3m −£432k−£4.0m£6.0m £9.4m£59k77
31 Jan 202315 Oct 2023£2.9m −£1.3m−£3.6m£6.7m £9.3m£17k71

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

Similar companies in London South West

Questions about PALACE LAUNDRY LTD

What is the company number of PALACE LAUNDRY LTD?

PALACE LAUNDRY LTD is registered under company number 11139452 in the official register of United Kingdom. View it at the official register.

Is PALACE LAUNDRY LTD still active?

Yes. PALACE LAUNDRY LTD is registered as active (status: Active).

Has PALACE LAUNDRY LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PALACE LAUNDRY LTD in the official data.

How likely is PALACE LAUNDRY LTD to become insolvent?

Our model estimates a 0.14 % probability that PALACE LAUNDRY LTD becomes insolvent within the next 12 months (medium risk). That is higher than 93 % of active companies in the United Kingdom.

When was PALACE LAUNDRY LTD founded?

PALACE LAUNDRY LTD was incorporated on 9 Jan 2018.

Where is PALACE LAUNDRY LTD registered?

PALACE LAUNDRY LTD's registered address is in SW7 2SP LONDON (London South West), United Kingdom.

What do the latest accounts of PALACE LAUNDRY LTD show?

The latest published accounts (period ending 31 Jan 2026) show equity of −£6.2m, total assets of £5.7m, turnover of £3.6m, a result of −£1.7m, 84 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.