# PALACE FLOORING LTD (14830002)

> PALACE FLOORING LTD is an active private limited company (company number 14830002) incorporated on 26 April 2023, registered in South Shields. Its registered activity is floor and wall covering (SIC 43330). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £17k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 32% on the prior period (£25k).

- Status: Active
- Incorporated: 2023-04-26
- Registered office: South Shields, NE33 5EQ
- SIC 43330: Floor and wall covering
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-05-10
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 135 comparable companies in Newcastle (median £9,545, upper quartile £62k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £17k | — | — | £24k | — | — | 1 |
| 2024-03-31 | £25k | — | — | £21k | — | — | 1 |

current ratio 1.62; size band micro.

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

- Net assets above zero: Net assets £17,077 at 31 March 2025
- Net assets down 25% or more on the prior period: -31.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.62
- Incorporated two to five years ago: Incorporated 26 April 2023

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

## Persons with significant control

- Mr Gerard Daniel Hogg — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-04-26

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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/14830002
HTML: https://firmoscan.com/company/14830002-palace-flooring-ltd