PALACE MEDIA LIMITED
Company number 09030281 · Monitor this company
The annual accounts for this company are overdue.
Executive summary
Palace Media Limited presents a contradictory risk profile: a seemingly liquid balance sheet with £485k cash and £610k net assets, undermined by an active strike-off proposal, nearly £1 million in accumulated trading losses, and significant related-party exposure under a sole controlling director. The equity injection of £550k during the year demonstrates ongoing financial support but has not arrested the company's loss-making trajectory. The strike-off status is the paramount concern and must be resolved before any investment or credit decision can be properly assessed; without clarity on whether this is voluntary or compulsory, and the director's intentions, the company's future existence cannot be assumed.
Shareholders' funds
£1,549,981
Balance sheet as at 2025-05-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2014-05-08
- Employees
- 26 (2025 accounts · was 31 in 2024)
- Registered office
- Suite 1e, Widford Business Centre, 33 Robjohns Road, Chelmsford, England, CM1 3AG
- Postcode
- CM1 3AG
- Capital
- 129 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2024-05-31
- Next due by
- 2026-05-31 Overdue
- Financial year end
- 30 May
Confirmation statement
- Last statement dated
- 2026-05-08
- Next due by
- 2027-05-22
Nature of business (SIC)
- 63990 Other information service activities not elsewhere classified
Officers 1 current · 1 resigned
Group structure 1 subsidiary
From persons-with-significant-control filings on the public register.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| LEIGH HOUSE WEALD ROAD, BRENTWOOD, ESSEX, CM14 4SX | 2017-04-11 |
| 55 CROWN STREET, BRENTWOOD, ESSEX, CM14 4BD, ENGLAND | 2014-07-10 |
The class of 2014
22%
of the 3,189 companies in this sector incorporated in 2014 are still active today; 74% have since been dissolved.
A fact about the year, not a forecast for this company.