PALACE B LTD

Company number 15554520 · Active

PALACE B LTD is a private limited company registered in BIRMINGHAM, United Kingdom, incorporated on 11 Mar 2024. Its registered activity is licensed restaurants. Its latest published accounts for the period ending 31 Mar 2025 show equity of £2,200, total assets of £9,386. It has filed 1 set of accounts. 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

Employees7.0×≥ 8 · 0.81 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent
Region1.6×B · 0.19 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % 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
15554520 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
11 Mar 2024 (3 years)
Registered address
B42 1LR BIRMINGHAM
Postcode area
Birmingham
Activity
56101 Licensed restaurants
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 Mar 202515 Dec 2025– –£2,200£9,386 £7,186£7,7238

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

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Questions about PALACE B LTD

What is the company number of PALACE B LTD?

PALACE B LTD is registered under company number 15554520 in the official register of United Kingdom. View it at the official register.

Is PALACE B LTD still active?

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

Has PALACE B LTD gone bankrupt or into insolvency?

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

How likely is PALACE B LTD to become insolvent?

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

When was PALACE B LTD founded?

PALACE B LTD was incorporated on 11 Mar 2024.

Where is PALACE B LTD registered?

PALACE B LTD's registered address is in B42 1LR BIRMINGHAM (Birmingham), United Kingdom.

What do the latest accounts of PALACE B LTD show?

The latest published accounts (period ending 31 Mar 2025) show equity of £2,200, total assets of £9,386, 8 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.