PALACE INTERNATIONAL LIMITED
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Next accounts due
2025-12-31
Overdue
Confirmation statement due
2026-12-20 (in 7mo)
Last made up 2025-12-06
Watchouts
Cash
£3M
-7.1% vs 2022
Net assets
£730K
+1% vs 2022
Employees
111
+3.7% highest in 4 filed years
Profit before tax
£7K
+101.9% first positive since 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-12-31.
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2023-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £9,667,708 | — | £10,519,937 | — | £12,584,540 | £14,090,661 | |
| Operating profit | — | £415,877 | — | -£758,047 | — | -£170,143 | £436,219 | |
| Profit before tax | — | £262,847 | — | -£889,734 | — | -£380,835 | £7,270 | |
| Net profit | — | £169,305 | — | -£822,105 | — | -£380,835 | £7,270 | |
| Cash | -£437,086 | £3,664,536 | -£174,069 | £3,478,699 | -£476,970 | £3,102,292 | £2,882,424 | |
| Total assets less current liabilities | — | £3,996,244 | — | £2,313,958 | — | £1,604,395 | £1,470,646 | |
| Net assets | — | £2,226,142 | — | £1,229,037 | — | £723,202 | £730,472 | |
| Equity | — | £2,226,142 | — | £1,229,037 | — | £723,202 | £730,472 | |
| Average employees | — | 103 | — | 104 | — | 107 | 111 | |
| Wages | — | £4,497,929 | — | £4,713,221 | — | £5,021,683 | £4,992,188 | |
| Directors' remuneration | — | £932,850 | — | £1,120,350 | — | £1,185,900 | £1,263,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+12%
£12,584,540 £14,090,661
highest in 4 filed years
-
Cash
-7.1%
£3,102,292 £2,882,424
-
Net assets
+1%
£723,202 £730,472
-
Employees
+3.7%
107 111
highest in 4 filed years
-
Operating profit
+356.4%
-£170,143 £436,219
highest in 4 filed years
-
Profit before tax
+101.9%
-£380,835 £7,270
first positive since 2022
-
Wages
-0.6%
£5,021,683 £4,992,188
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 4.3% | — | -7.2% | — | -1.4% | 3.1% | |
| Net margin | — | 1.8% | — | -7.8% | — | -3.0% | 0.1% | |
| Return on capital employed | — | 10.4% | — | -32.8% | — | -10.6% | 29.7% | |
| Current ratio | — | — | — | — | — | 0.44x | 0.44x | |
| Interest cover | — | 2.70x | — | -5.76x | — | -0.81x | 1.01x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- PALACE INTERNATIONAL LIMITED 2003-02-20 → present
- SPECTRO HOLDINGS LIMITED 1996-03-05 → 2003-02-20
- NEVRUS (657) LIMITED 1995-12-06 → 1996-03-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Shaw Gibbs (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- PALACE INTERNATIONAL LIMITED · parent
- DG Spectro Oil Analysis Company Limited 100%
- Jet-Care International Limited 100%
- Aviation & Marine Interiors Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GLASS, Guy Jonathan | Secretary | 2025-01-01 | — | — |
| GLASS, David Edward | Director | 1996-02-16 | Aug 1937 | British |
| GLASS, Guy Jonathan | Director | 2005-02-08 | Apr 1969 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GLASS, Nicola Dorrette | Secretary | 1996-02-16 | 2024-12-10 |
| LAW, Stuart Peter | Nominee Secretary | 1995-12-06 | 1996-02-16 |
| GIBBONS, David Victor | Nominee Director | 1995-12-06 | 1996-02-16 |
| GLASS, Nicola Dorrette | Director | 2005-02-08 | 2024-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Edward Glass | Individual | Shares 75–100% | 2016-12-06 | Active |
Filing timeline
Last 20 of 103 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-01-31 | AA | accounts | Accounts with accounts type full | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-22 | AA | accounts | Accounts with accounts type full | |
| 2022-04-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-01-07 | CH01 | officers | Change person director company with change date | |
| 2022-01-07 | CH01 | officers | Change person director company with change date | |
| 2022-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-01-04 | CH03 | officers | Change person secretary company with change date | |
| 2021-01-07 | AA | accounts | Accounts with accounts type full | |
| 2021-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-08 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.