PALMYRA READING LTD

Company number 12381073 · Active (Active - Proposal to Strike off)

PALMYRA READING LTD is a private limited company registered in CARDIFF, United Kingdom, incorporated on 30 Dec 2019. Its registered activity is unlicensed restaurants and cafes. Its latest published accounts for the period ending 31 Dec 2025 show equity of £3,041, total assets of £52k. It has filed 5 sets of accounts, 2 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees3.1×3–8 · 0.36 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent

Lowers the risk

Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % 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
12381073 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
30 Dec 2019 (7 years)
Registered address
CF14 8LH CARDIFF
Postcode area
Cardiff
Activity
56102 Unlicensed restaurants and cafes
Industry
Food and beverage service activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202522 Sep 2026– –£3,041£52k £1,200–3
31 Dec 202415 Aug 2025– –£4,546£53k £1,200–5
31 Dec 202315 Oct 2024– –£1,788£46k £500–3
31 Dec 202115 Sep 2022– –−£3,199£47k £0–7
31 Dec 202015 Oct 2021– –£1,721£34k £32k–5

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

Similar companies in Cardiff

Questions about PALMYRA READING LTD

What is the company number of PALMYRA READING LTD?

PALMYRA READING LTD is registered under company number 12381073 in the official register of United Kingdom. View it at the official register.

Is PALMYRA READING LTD still active?

Yes. PALMYRA READING LTD is registered as active (status: Active - Proposal to Strike off).

Has PALMYRA READING LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PALMYRA READING LTD in the official data.

How likely is PALMYRA READING LTD to become insolvent?

Our model estimates a 0.00 % probability that PALMYRA READING LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was PALMYRA READING LTD founded?

PALMYRA READING LTD was incorporated on 30 Dec 2019.

Where is PALMYRA READING LTD registered?

PALMYRA READING LTD's registered address is in CF14 8LH CARDIFF (Cardiff), United Kingdom.

What do the latest accounts of PALMYRA READING LTD show?

The latest published accounts (period ending 31 Dec 2025) show equity of £3,041, total assets of £52k, 3 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.