−£11k
−619%vs Jul 2024Active03392817Private limited companyLondon
PALACE RESTAURANT LTD
Significant control: Vipin Khanna (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Palace Restaurant Ltd sell?
Registered activity: Unlicenced restaurants and cafes (SIC 56102). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PALACE RESTAURANT LTD is an active private limited company (company number 03392817) incorporated on 26 June 1997, registered in London. Its registered activity is unlicenced restaurants and cafes (SIC 56102). Latest small accounts cover the period ending 31 July 2025, showing net assets of −£11k and cash of £26k, with 2 employees on average. Net assets fell 619% on the prior period (£2,202).
Peer position · net assets
By net assets it sits in the bottom quarter of 4,093 comparable companies in London (median £495, upper quartile £14k).
02
Ownership and control
- Mr Vipin Khanna
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 26 June 199729 yrs ago
- Next accounts due
- 30 April 2027in 187 days
- Confirmation statement due
- 10 July 2027in 258 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 56102
- Unlicenced restaurants and cafes
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£26k
−21%vs Jul 2024Not reported
2
No changevs Jul 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | −£11k | £26k | — | £38k | — | — | 2 |
| 31 July 2024 | £2,202 | £32k | — | £31k | — | — | 2 |
Current ratio0.7Current assets ÷ creditors within one year
Cash per employee£13kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-11,421 at 31 July 2025
- Net assets down 25% or more on the prior period-618.7% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.7
- Incorporated five or more years agoIncorporated 26 June 1997
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 258 days
- Next accounts duein 187 days
- Accounts period endNet liabilities £11k · small accounts
- Accounts period endNet assets £2,202 · small accounts
- Incorporated
08
Similar companies in London
- ORION FOODS LIMITEDLondon · inc. Mar 1997
- NEXUS FOODS LIMITEDLondon · inc. Mar 1997
- NERO HOLDINGS LIMITEDLondon · inc. Dec 1996
- GENERAL FOODS LIMITEDLondon · inc. Sept 1996
- CAFE BARCA LIMITEDLondon · inc. Apr 1998
- HIMALAYA RESTAURANT & TAKEAWAY LTDForest Gate · inc. Aug 1998
All companies incorporated on 26 June 1997 · in Jun 1997.
09
Reminders for PALACE RESTAURANT LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.