# 108 PALACE LTD (12674955)

> 108 PALACE LTD is an active private limited company (company number 12674955) incorporated on 16 June 2020, registered in London. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 30 November 2024, showing net assets of −£224k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 36% on the prior period (−£165k).

- Status: Active
- Incorporated: 2020-06-16
- Registered office: London, N16 5FE
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-08-30
- Confirmation statement due: 2027-06-30
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 36,125 comparable companies in London (median £1, upper quartile £17k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-11-30 | −£224k | — | — | £1.26m | — | — | 0 |
| 2023-11-30 | −£165k | — | — | £1.22m | — | — | 0 |

current ratio 0.11; size band micro.

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

- Net assets below zero: Net assets £-223,957 at 30 November 2024
- Net assets down 25% or more on the prior period: -35.9% vs prior period
- Current assets below creditors within one year: Current ratio 0.11
- Incorporated five or more years ago: Incorporated 16 June 2020
- Accounts past their due date: Due 30 August 2026

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

## Persons with significant control

- Mr David Fink — has significant influence or control, since 2022-12-01

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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/12674955
HTML: https://firmoscan.com/company/12674955-108-palace-ltd