# PALACE B LTD (15554520)

> PALACE B LTD is an active private limited company (company number 15554520) incorporated on 11 March 2024, registered in Birmingham. Its registered activity is licenced restaurants (SIC 56101). Latest small accounts cover the period ending 31 March 2025, showing net assets of £2,200 and cash of £7,723, with 8 employees on average.

- Status: Active
- Incorporated: 2024-03-11
- Registered office: Birmingham, B42 1LR
- SIC 56101: Licenced restaurants
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-25
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 916 comparable companies in Birmingham (median £2, upper quartile £14k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £2,200 | £7,723 | £904 | — | — | — | 8 |

size band micro.

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

- Net assets above zero: Net assets £2,200 at 31 March 2025
- Incorporated two to five years ago: Incorporated 11 March 2024

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

## Persons with significant control

- Mr Muhammad Idnan Jahangir — owns 25–50% of shares; holds 25–50% of voting rights, since 2024-10-28
- Mr Shafique Ali — can appoint or remove directors, since 2026-05-29

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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/15554520
HTML: https://firmoscan.com/company/15554520-palace-b-ltd