# PALACE LAUNDRY LTD (11139452)

> PALACE LAUNDRY LTD is an active private limited company (company number 11139452) incorporated on 9 January 2018, registered in London. Its registered activity is washing and (dry-)cleaning of textile and fur products (SIC 96010). Latest full accounts cover the period ending 31 January 2026, showing net assets of −£6.16m and cash of £40k, with 84 employees on average. Turnover was £3.62m and profit for the year −£1.66m. Net assets fell 37% on the prior period (−£4.50m).

- Status: Active
- Incorporated: 2018-01-09
- Registered office: London, SW7 2SP
- SIC 96010: Washing and (dry-)cleaning of textile and fur products
- Next accounts due: 2027-10-31
- Confirmation statement due: 2027-01-23
- Accounts type: FULL

By net assets it sits in the bottom quarter of 633 comparable companies in London (median £2,469, upper quartile £16k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-01-31 | −£6.16m | £40k | £392k | £11.83m | £3.62m | −£1.66m | 84 |
| 2025-01-31 | −£4.50m | £66k | £430k | £9.96m | £3.71m | −£503k | 83 |
| 2024-02-01 | — | — | — | — | — | — | — |

current ratio 0.04; net margin -45.9%; size band small.

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

- Net assets below zero: Net assets £-6,162,177 at 31 January 2026
- Net assets down 25% or more on the prior period: -36.9% vs prior period
- Current assets below creditors within one year: Current ratio 0.04
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 9 January 2018

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

## Persons with significant control

- Firmdale Holdings Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-01-09

---
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/11139452
HTML: https://firmoscan.com/company/11139452-palace-laundry-ltd