# PALACE RESIDENTIAL LETS LTD. (SC067755)

> PALACE RESIDENTIAL LETS LTD. is an active private limited company (company number SC067755) incorporated on 1 January 1900. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £258k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 2% on the prior period (£254k).

- Status: Active
- Incorporated: 1900-01-01
- Registered office: EH3 6ND
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-01-15
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 2,041 comparable companies in Edinburgh (median £0, upper quartile £22k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £258k | — | — | £30k | — | — | 3 |
| 2024-03-31 | £254k | — | — | £28k | — | — | 4 |

current ratio 0.27; size band micro.

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

- Net assets above zero: Net assets £258,188 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.27
- Incorporated five or more years ago: Incorporated 1 January 1900

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

## Persons with significant control

- Mr Maximillian Mcnally — owns 25–50% of shares, since 2016-06-11

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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/SC067755
HTML: https://firmoscan.com/company/SC067755-palace-residential-lets-ltd