# PALASI LTD (13959539)

> PALASI LTD is an active private limited company (company number 13959539) incorporated on 7 March 2022, registered in Glossop. Its registered activity is operation of sports facilities (SIC 93110). Latest micro accounts cover the period ending 31 March 2026, showing net assets of −£21k, 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 84% on the prior period (−£12k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2022-03-07
- Registered office: Glossop, SK13 7QJ
- SIC 93110: Operation of sports facilities
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-03-21
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 238 comparable companies in Manchester (median £1, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | −£21k | — | — | £62k | — | — | 0 |
| 2025-03-31 | −£12k | £0 | £12k | — | — | — | 0 |
| 2024-03-31 | −£9,769 | £2 | £0 | — | — | — | 0 |

current ratio 0.2; net assets trend falling; size band micro.

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

- Net assets below zero: Net assets £-21,342 at 31 March 2026
- Net assets down 25% or more on the prior period: -83.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.2
- Three or more accounting periods on record: 3 periods on record
- Incorporated two to five years ago: Incorporated 7 March 2022

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

## Persons with significant control

- Dr Olivier Missa — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-03-07
- Dr Nancy Irwin — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-03-07

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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/13959539
HTML: https://firmoscan.com/company/13959539-palasi-ltd