# PALM ENVIRONMENTAL LTD (11376906)

> PALM ENVIRONMENTAL LTD is an active private limited company (company number 11376906) incorporated on 23 May 2018, registered in Sunderland. Its registered activity is recovery of sorted materials (SIC 38320). Latest small accounts cover the period ending 31 May 2025, showing net assets of £540 and cash of £33k, with 5 employees on average. Net assets fell 91% on the prior period (£5,978).

- Status: Active
- Incorporated: 2018-05-23
- Registered office: Sunderland, SR6 7RR
- SIC 38320: Recovery of sorted materials
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-06
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 1,359 comparable companies in the UK (median £7,721, upper quartile £227k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £540 | £33k | £1.30m | £1.38m | — | — | 5 |
| 2024-05-31 | £5,978 | £257k | £1.70m | £2.01m | — | — | 7 |

current ratio 0.97; size band micro.

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

- Net assets above zero: Net assets £540 at 31 May 2025
- Net assets down 25% or more on the prior period: -91.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.97
- Incorporated five or more years ago: Incorporated 23 May 2018

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

## Persons with significant control

- Mr Gwyn Davies — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-05-23
- Miss Aimi Victoria White — owns 25–50% of shares; holds 25–50% of voting rights, since 2022-09-30

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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/11376906
HTML: https://firmoscan.com/company/11376906-palm-environmental-ltd