# PALMUN LIMITED (04968133)

> PALMUN LIMITED is an active private limited company (company number 04968133) incorporated on 18 November 2003, registered in London. Its registered activity is wholesale of watches and jewellery (SIC 46480). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £67k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 39% on the prior period (£109k).

- Status: Active
- Incorporated: 2003-11-18
- Registered office: London, N14 6NA
- SIC 46480: Wholesale of watches and jewellery
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-12-02
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 463 comparable companies in London (median £2,115, upper quartile £62k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £67k | — | — | £84k | — | — | 3 |
| 2024-03-31 | £109k | — | — | £189k | — | — | — |

current ratio 2.07; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £67,077 at 31 March 2025
- Net assets down 25% or more on the prior period: -38.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.07
- Incorporated five or more years ago: Incorporated 18 November 2003

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Paawan Munjal — owns 25–50% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04968133
HTML: https://firmoscan.com/company/04968133-palmun-limited