PALOMA II (INDUSTRIAL) I LLP
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-13 (in 2mo)
Last made up 2025-06-29
Watchouts
None on the register
Cash
£1M
-60.5% lowest in 4 filed years
Net assets
£30M
-4.6% lowest in 4 filed years
Employees
—
Average over period
Profit before tax
—
Period ending 2024-12-31
Net assets
4-year trend · vs Unclassified median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | £3,130,663 | £4,005,076 | £4,329,486 | £3,918,105 | |
| Operating profit | £12,124,710 | £2,377,592 | £5,279,882 | £4,301,838 | |
| Profit before tax | £11,820,665 | £1,983,034 | — | — | |
| Net profit | — | — | £3,847,103 | £2,262,491 | |
| Cash | £7,360,464 | £9,717,211 | £2,575,457 | £1,018,525 | |
| Total assets less current liabilities | £44,612,748 | £56,003,822 | £31,143,853 | £55,400,726 | |
| Net assets | £37,219,526 | £36,902,549 | £31,143,853 | £29,711,013 | |
| Equity | £37,219,526 | £36,902,549 | £31,143,853 | £29,711,013 | |
| Average employees | 0 | 0 | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-9.5%
£4,329,486 £3,918,105
-
Cash
-60.5%
£2,575,457 £1,018,525
lowest in 4 filed years
-
Net assets
-4.6%
£31,143,853 £29,711,013
lowest in 4 filed years
-
Employees
—
Not reported
-
Operating profit
-18.5%
£5,279,882 £4,301,838
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | 59.4% | 122.0% | 109.8% | |
| Net margin | — | — | 88.9% | 57.7% | |
| Return on capital employed | 27.2% | 4.2% | 17.0% | 7.8% | |
| Current ratio | — | — | 0.13x | 1.28x | |
| Interest cover | 28.81x | 2.78x | 3.57x | 2.05x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the 12 months from the date of signing the financial statements. The Members do not consider there to be any material uncertainties that may cast significant doubt on the LLP's ability to continue as a going concern.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PALOMA II (INDUSTRIAL X) TRUSTEE I LIMITED | Corporate Llp Designated Member | 2026-03-11 | — | — |
| PALOMA II (INDUSTRIAL X) TRUSTEE II LIMITED | Corporate Llp Designated Member | 2026-03-11 | — | — |
| PALOMA II (UNITHOLDER) I LIMITED | Corporate Llp Designated Member | 2018-07-31 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PALOMA II (INDUSTRIAL I) TRUSTEE LIMITED | Corporate Llp Designated Member | 2018-07-31 | 2026-03-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Paloma Capital Llp | Corporate entity | voting-rights-75-to-100-percent-as-trust-limited-liability-partnership, right-to-share-surplus-assets-75-to-100-percent-as-trust-limited-liability-partnership, right-to-appoint-and-remove-members-as-trust-limited-liability-partnership | 2018-07-31 | Active |
Filing timeline
Last 20 of 52 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2026-03-30 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2026-03-30 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2026-03-13 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2026-02-06 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2025-07-11 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-10 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-27 | AA | accounts | Accounts with accounts type full | |
| 2024-04-16 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2024-04-16 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2024-04-03 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2024-04-03 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2024-04-03 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2024-03-29 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2024-03-28 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2024-03-28 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2024-03-28 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2024-03-28 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2024-03-28 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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.