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Palace Capital PLC Fundamentals

Company NamePalace Capital PLCLast Updated2024-12-19
IndustryREIT - DiversifiedSectorReal Estate
Shares in Issue28.887 mMarket Cap£65.57 m
PE Ratio29.76Dividend per Share£0.15
Dividend Yield6.58Dividend Cover0
EPS-£0.24EPS Growth (%)0
PEG0DPS Growth (%)0
Debt Ratio0.0955Debt Equity Ratio0.1078
Asset Equity Ratio1.1759Cash Equity Ratio0.2945
Quick Ratio6.1320Current Ratio7.56
Price To Book Value0.9112ROCE0

Palace Capital PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Interim2024-11-282024-12-27GBP0.0375
Interim2024-09-262024-10-25GBP0.0375
Prelim2024-07-252024-08-23GBP0.0375
Interim2024-03-212024-04-19GBP0.0375
Interim2023-11-232023-12-29GBP0.0375
Interim2023-09-212023-10-13GBP0.0375
Prelim2023-07-062023-08-04GBP0.0375
Interim2023-03-232023-04-14GBP0.0375
Interim2022-12-222023-01-13GBP0.0375
Interim2022-09-222022-10-14GBP0.0375
Prelim2022-06-302022-08-05GBP0.0375
Interim2022-03-242022-04-14GBP0.0325
Interim2021-12-092021-12-31GBP0.0325

Palace Capital PLC Company Financials

Assets2024202320222021
Tangible Assets£38,000.00£155,000.00£62,000.00£236,000.00
Intangible Assets0000
Investments000£3.25 m
Total Fixed Assets£79.51 m£181.02 m£232.78 m£239.34 m
Stocks£8.13 m£11.05 m£20.29 m£42.72 m
Debtors£2.85 m£3.67 m£6.59 m£9.04 m
Cash & Equivalents£19.77 m£5.51 m£28.14 m£9.42 m
Other Assets0000
Total Assets£110.75 m£201.77 m£288.62 m£301.24 m
Liabilities2024202320222021
Creditors within 1 year£4.42 m£17.02 m£41.71 m£34.91 m
Creditors after 1 year£8.55 m£56.28 m£69.71 m£108.49 m
Other Liabilities0000
Total Liabilities£12.98 m£73.30 m£111.42 m£143.41 m
Net assets£97.77 m£128.47 m£177.20 m£157.83 m
Equity2024202320222021
Called up share capital£3.76 m£4.64 m£4.64 m£4.64 m
Share Premium£91.15 m£118.82 m£125.36 m£125.36 m
Profit / Loss-£9.32 m-£35.77 m£24.61 m-£5.53 m
Other Equity£97.77 m£128.47 m£177.20 m£157.83 m
Preference & Minorities0000
Total Capital Employed£97.77 m£128.47 m£177.20 m£157.83 m
Ratios2024202320222021
Debt Ratio£0.08£0.30£0.28£0.40
Debt-to-Equity£0.08£0.44£0.39£0.68
Assets / Equity1.17591.17591.17591.1759
Cash / Equity0.29450.29450.29450.2945
EPS-£0.23-£0.81£0.53-£0.14
Cash Flow2024202320222021
Cash from operating activities£1.10 m£14.45 m£32.68 m-£8.11 m
Cashflow before financing-£76.42 m-£36.66 m£683,000.00-£4.29 m
Increase in Cash£14.26 m-£22.63 m£18.73 m-£4.48 m
Income2024202320222021
Turnover£19.60 m£32.97 m£49.06 m£22.24 m
Cost of sales£9.78 m£17.15 m£30.41 m£6.43 m
Gross Profit£9.82 m£15.83 m£18.66 m£15.82 m
Operating Profit£5.83 m£10.06 m£27.55 m-£1.78 m
Pre-Tax profit-£9.32 m-£35.77 m£24.61 m-£5.53 m

Palace Capital PLC Company Background

SectorReal Estate
ActivitiesPalace Capital PLC is a property investment company. The Company's principal activity is to invest in commercial real estate in the UK. Its portfolio includes investment properties throughout England, predominantly regional investments outside London, and a diverse portfolio of commercial buildings. The company generates revenue in the form of property income and represents the value of accrued charges under operating leases for rental of the Group's investment properties. Its only reportable segment is an Investment property. The company's properties include Hudson House, York; Fraser House, Staines, Milton Keynes, and Midsummer Boulevard.
Latest Interim Date14 Nov 2024
Latest Fiscal Year End Date6 Jun 2024

Palace Capital PLC Directors

AppointedNamePosition
2022-07-19Ms. Mickola WilsonNon-Executive Director,Senior Independent Director
2011-08-09Mr. Paul Malcolm DavisCompany Secretary
2011-08-09Mr. Larry Glenn LipmanExecutive Director,Chairman
2011-08-09Mr. Errol Alan LipmanExecutive Director
2022-06-14Mr. Ronald Neil SinclairExecutive Director,Managing Director
2021-12-31Mr. Stanley Harold DavisNon-Executive Director,Chairman
2022-07-19Mr. Kim David Spencer Taylor-SmithNon-Executive Director
2024-06-19Mr. Steven Jonathan OwenExecutive Director,Chairman
2021-06-23Mr. Anthony Charles DoveNon-Executive Director
2022-08-12Mr. Richard StarrExecutive Director,Property Director
2014-09-24Mr. Roger Benjamin NagioffNon-Executive Director
2023-06-27Mr. Stephen John SilvesterExecutive Director,Finance Director
2022-07-19Ms. Paula DillonNon-Executive Director
2024-06-19Mr. Matthew SimpsonExecutive Director,Chief Financial Officer

Palace Capital PLC Contact Details

Company NamePalace Capital PLC
AddressOne George Yard, Lower Ground Floor, London, EC3V 9DF
Telephone+44 2033018330
Websitehttps://www.palacecapitalplc.com

Palace Capital PLC Advisors

BankSantander UK PLC
SolicitorCMS Cameron McKenna Nabarro
Phone+44 1142794000
Fax+44 1142786123
BankLloyds Bank PLC
SolicitorWalker Morris
Phone+44 1132832500
Fax+44 1132459412
Financial PR AdviserCapital Access Group
Phone+1 (415) 217-7600
Fax+1 (415) 217-7610
BankNational Westminster Bank PLC
AuditorBDO LLP
Phone+44 2074865888
Fax+44 2074873686
BankNationwide Building Society
Nominated AdviserArden Partners PLC
Phone+44 2076145900
Fax+44 2076145901
BankBarclays Bank PLC
StockbrokerArden Partners PLC
Phone+44 2076145900
Fax+44 02076145901
RegistrarCapita Asset Services
Phone+44 8716640300
Fax+44 2086392342
StockbrokerAllenby Capital Limited
Phone+44 2033285656
Fax+44 2033942970
SolicitorHamlins LLP
Phone020 7355 6000
Fax020 7518 9100
Nominated AdviserAllenby Capital Limited
Phone+44 2033285656
Fax+44 2033942970
AuditorCrowe Clark Whitehill LLP
Phone+44 2078427100
Fax+44 2075831720