{"name":"PALM DEVELOPMENTS LIMITED","company_number":"03082409","status":"Active","type":"Private Limited Company","incorporated":"1995-07-21","dissolved":null,"registered_office":"Ranscombe Farm House, The Estate Office Cuxton, Rochester, Kent, ME2 1LA","postcode":"ME2 1LA","sic_codes":[{"code":68100,"description":"Buying and selling of own real estate"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 July","last_made_up_to":"2025-07-31","next_due":"2027-04-30"},"employees":{"count":0,"accounts_date":"2025-07-31"},"financials":[{"financial_date":"2025-07-31","net_assets":-1418633,"cash":49681,"average_employees":0},{"financial_date":"2024-07-31","net_assets":-1353851,"cash":8192,"average_employees":0},{"financial_date":"2023-07-31","net_assets":-1283406,"cash":16211},{"financial_date":"2022-07-31","net_assets":-969031,"cash":18277},{"financial_date":"2021-07-31","net_assets":-930416,"cash":45311}],"officers":{"current":4,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":8,"outstanding":8},"gazette_notices":[{"date":"2026-08-11","kind":"other"}],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/palm-developments","people":"https://www.companiesintheuk.co.uk/company/palm-developments/people","filing_history":"https://www.companiesintheuk.co.uk/company/palm-developments/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03082409","financials":"https://www.companiesintheuk.co.uk/company/palm-developments/financial","gazette":"https://www.companiesintheuk.co.uk/company/palm-developments/gazette","control":"https://www.companiesintheuk.co.uk/company/palm-developments/control","charges":"https://www.companiesintheuk.co.uk/company/palm-developments/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/palm-developments/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/palm-developments"}