PALMER OLE ENGINEERING LIMITED

Company number SC768469 · Active

PALMER OLE ENGINEERING LIMITED is a private limited company registered in GALASHIELS, United Kingdom, incorporated on 5 May 2023. Its registered activity is construction of railways and underground railways. Its latest published accounts for the period ending 31 May 2026 show equity of £14k, total assets of £27k. It has filed 3 sets 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

Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Industry2.2×42 · 0.25 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Current liabilities ÷ assets1.5×0.186967–0.523499 · 0.18 % became insolvent

Lowers the risk

Region0.0×TD · 0.00 % became insolvent
Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Days since last period end0.6×< 246 · 0.06 % 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
SC768469 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
5 May 2023 (4 years)
Registered address
TD1 1QD GALASHIELS
Postcode area
Galashiels
Activity
42120 Construction of railways and underground railways
Industry
Civil engineering
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 20262 Oct 2026– –£14k£27k £12k–1
31 May 202515 Feb 2026– –£22k£41k £18k–1
31 May 202415 Feb 2025– –£7,642£27k £19k–1

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

Similar companies in Galashiels

Questions about PALMER OLE ENGINEERING LIMITED

What is the company number of PALMER OLE ENGINEERING LIMITED?

PALMER OLE ENGINEERING LIMITED is registered under company number SC768469 in the official register of United Kingdom. View it at the official register.

Is PALMER OLE ENGINEERING LIMITED still active?

Yes. PALMER OLE ENGINEERING LIMITED is registered as active (status: Active).

Has PALMER OLE ENGINEERING LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PALMER OLE ENGINEERING LIMITED in the official data.

How likely is PALMER OLE ENGINEERING LIMITED to become insolvent?

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

When was PALMER OLE ENGINEERING LIMITED founded?

PALMER OLE ENGINEERING LIMITED was incorporated on 5 May 2023.

Where is PALMER OLE ENGINEERING LIMITED registered?

PALMER OLE ENGINEERING LIMITED's registered address is in TD1 1QD GALASHIELS (Galashiels), United Kingdom.

What do the latest accounts of PALMER OLE ENGINEERING LIMITED show?

The latest published accounts (period ending 31 May 2026) show equity of £14k, total assets of £27k, 1 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.