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Company No. 03134942 · Incorporated 6 Dec 1995

Palace International Limited

Registered name: PALACE INTERNATIONAL LIMITED

Palace International Limited made £14.9m revenue and £338k profit in the year to 31 Dec 2024.

Palace International Limited’s revenue grew 6% to £14.9m in the year to 31 Dec 2024, with £338k profit and 111 employees. The company is classified under “other professional, scientific and technical activities” and is based in Hook; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
Hook, South East
Age
30 yrs · since 1995
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentOperating leverageCash flow filed
Revenue
£14.9m
Growth ▲5.5%
Profit
£338k
Growth ▲4544%
Profit margin
2.3%
Gross 49.9%
Employees
111
Change 0%
Profit / employee
£3k
Revenue/employee £134k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£10.5m£12.6m£14.1m£14.9m
Cost of sales£4.4m£6.2m£7m£7.5m
Gross profit£6.2m£6.4m£7.1m£7.4m
Operating profit−£758k−£170k£436k£745k
Profit before tax−£890k−£381k£7.3k£338k
Profit after tax−£822k−£381k£7.3k£338k
Profit (best available)−£822k−£381k£7.3k£338k
Staff costs£5.4m£5.8m£5.8m£5.7m
Employees (average)104107111111
Ratios
Profit margin−7.8%−3%0.1%2.3%
Gross margin58.5%51%50.6%49.9%
Revenue per employee£101k£118k£127k£134k
Profit per employee−£7.9k−£3.6k£65£3k
Cash conversion——338.3%128.7%
Growth (year on year)
Revenue growth—▲19.6%▲12%▲5.5%
Profit growth———▲4544%
Headcount growth—▲2.9%▲3.7%0%
Balance sheet — indirect signals, not revenue
Cash at bank£3.5m£3.1m£2.9m£3.3m
Net assets£1.2m£723k£730k£868k
Fixed assets£8.2m£8m£7.9m£7.7m
Current assets£5.2m£5.1m£5.1m£5.4m
Debtors£1.1m£1.4m£1.5m£1.4m
Deferred income£3.6m£3.6m£3.9m£3.9m
Cash from operations£1.2m£1.6m£1.5m£958k
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
2.3%
Profit ÷ revenue.
Gross margin
49.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£134k
Revenue ÷ average employees.
Profit per employee
£3k
Profit ÷ average employees.
Cash conversion
128.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
51.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
26.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.3%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲19%
Now £868k
Cash at bank
▲13%
Now £3.3m
Headcount
0%
Now 111
Deferred income
▼1%
Now £3.9m
Fixed assets
▼3%
Now £7.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (3)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £338k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.