PALM DEVELOPMENTS LIMITED, ME2 1LA : Companies House Number 03082409

Executive summary

Palm Developments Limited is technically insolvent with negative net assets of £1.42M, a position sustained for over a decade only through continuing related-party financial support. The going concern basis is explicitly dependent on this support, cash reserves are negligible at £49,681, and 93.8% of current assets comprise illiquid property development work in progress. On a standalone basis, this entity cannot service additional debt and presents unacceptable credit risk. Any lending would require a comprehensive parent company guarantee and independent verification of the wider group's financial capacity.

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Shareholders' funds

-£1,418,635

Balance sheet as at 2025-07-31

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Overview

Company type: Private Limited Company
Incorporated: 1995-07-21
Employees: 0 (2025 accounts)
Registered office: Ranscombe Farm House, The Estate Office Cuxton, Rochester, Kent, ME2 1LA
Postcode: ME2 1LA
Capital: 2 GBP
Accounts category: Total Exemption Full
Charges: 8 outstanding

Accounts

Last made up to: 2025-07-31
Next due by: 2027-04-30
Financial year end: 31 July

Confirmation statement

Last statement dated: 2026-07-21
Next due by: 2027-08-04

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Nature of business (SIC)

68100 Buying and selling of own real estate

Officers 4 current · 7 resigned

MRS Andrea KINGSLEY SMITH Director

Appointed 2018-04-25

MR Paul David ROSS-GOWER Director

Appointed 2018-02-28

MR Ivan Stephen KINGSLEY SMITH Secretary

Appointed 2004-06-24

MR Ivan Stephen KINGSLEY SMITH Director

Appointed 1995-07-21

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Group structure 4 subsidiaries

Controlled by PALM INVESTMENTS LIMITED — since 2016-04-06

From persons-with-significant-control filings on the public register.

Previous registered addresses 2

Address	Changed on
81 HIGH STREET, CHATHAM, KENT, ME4 4EE	2012-09-25
84 TEMPLE CHAMBERS, TEMPLE AVENUE, LONDON, EC4Y 0HP	1995-07-27

Among its peers

Among the oldest 25%

of 2,075 similar companies in ME, trading since 1995

27 companies are registered at this postcode →

Competitors Maidstone

1. MCCULLOCHS [CI] LIMITED

£18,772,531
2. E.W. BALLARD LIMITED

£17,946,378
3. GALLAGHER PROPERTIES LIMITED

£16,160,315
4. MALRO HOMES LIMITED

£12,008,549
5. PIERSON PROPERTIES LIMITED

£11,531,249

This company ranks 1482 among buying and selling of own real estate in Maidstone.

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The class of 1995

63%

of the 580 companies in this sector incorporated in 1995 are still active today; 34% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 10 titles

Freehold: 10
Most recent registration: 2015-10-14
Where: Kent (8), Medway (1), Greater London (1)

Title number	County	Tenure	Registered	Price paid
K656548	Kent	Freehold	2015-10-14	—
K247536	Kent	Freehold	2013-01-18	—
K247543	Kent	Freehold	2013-01-18	—
K424654	Kent	Freehold	2013-01-18	—
K217992	Kent	Freehold	2004-06-18	—
K416370	Kent	Freehold	2004-06-18	—
K858887	Kent	Freehold	2004-06-18	—
K841486	Kent	Freehold	2003-05-29	—
K828538	Medway	Freehold	2001-08-13	—
SGL593152	Greater London	Freehold	1997-06-18	—

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).