Palace Laundry Ltd
Active11139452Other servicesIncorporated 9 Jan 2018 · London
The principal activity of the company is that of laundry and dry cleaning services.
Revenue
£3.6m
▼ -2.2% vs prior ~12m period
Profit after tax
-£1.7m
Margin -62.0%
Employees
84
▲ +1.2% vs prior ~12m period
Net assets
-£6.2m
Total assets £5.7m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Feb 2021Not available
Feb 2022
£1.2m
Jan 2023
£2.9m▲ +140.3%
Jan 2024
£3.3m▲ +13.8%
Jan 2025
£3.7m▲ +12.4%
Jan 2026
£3.6m▼ -2.2%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Jan 2026 | £3.6m | ▼ -2.2% | -£2.2m | 84 | -£6.2m |
| 31 Jan 2025 | £3.7m | ▲ +12.4% | -£457k | 83 | -£4.5m |
| 31 Jan 2024 | £3.3m | ▲ +13.8% | -£843k | 77 | -£4.0m |
| 31 Jan 2023 | £2.9m | ▲ +140.3% | -£1.2m | 71 | -£3.6m |
| 1 Feb 2022 | £1.2m | — | £730k | 61 | -£2.1m |
| 1 Feb 2021 | — | — | — | — | -£2.6m |
Latest available figures
Period ending 31 Jan 2026. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £3.6m
- Gross profit
- £235k
- Operating profit
- -£2.2m
- Profit before tax
- -£2.2m
- Profit after tax
- -£1.7m
Balance sheet
- Total assets
- £5.7m
- Cash
- £40k
- Total liabilities
- £11.9m
- Net assets
- -£6.2m
- Revenue per employee
- £43k
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