Company Overview
Pallion Engineering Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 05 February 1991, so this is a well established company. Pallion Engineering Limited has been in business for 35 years and 1 month. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Pallion Yard, Pallion, Sunderland, SR4 6LL
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Companies House Data
Company NamePALLION ENGINEERING LIMITED
Company Number02579965
Registered Office AddressPallion Yard
 Pallion
 SR4 6LL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/02/1991
Accounting Reference Date Day30
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date28/02/2017
Returns Last Made Up Date31/01/2016
Directors & Members
Show Resigned
Colin Ainsley - Director
(British, 69 years old, born June 1957)
Appointed 02 April 2024
 Active
Jeremy Flax - Director
(British, 66 years old, born March 1960)
Appointed 29 September 2017
 Active
Alexander Kollakis - Director
(British, 46 years old, born February 1980)
Appointed 29 September 2017
 Active
Secretaries
Show Resigned
Other Company Directorships
Colin Ainsley
L V SHIPPING LIMITED
LV VALENBECK LIMITED
M. GLASS PACKAGING LIMITED
Jeremy Flax
MEDATEL CONSULTANTS LIMITED
PALLION INVESTMENTS & DEVELOPMENTS LIMITED
TITAN ASSET MANAGEMENT LIMITED
TITAN CHR PROPERTY INVESTMENTS LIMITED
Alexander Kollakis
BAYMANOR LIMITED
CASTLEACRE FREEHOLD COMPANY LIMITED
DIONYSUS DEVELOPMENTS LIMITED
KAPPA MARITIME & ESTATES LIMITED
KING,KOLLAKIS & COMPANY LIMITED
P.G.M.AGENCIES LIMITED
RAYNHAM FREEHOLD COMPANY LIMITED
RAYNHAM FREEHOLD MANAGEMENT LIMITED
TITAN ACS LTD
TITAN BLACK GROUP LIMITED
TITAN BLACK LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 2,314,886 2,314,886 2,324,565
Current Assets 187,408 187,408 441,759
Creditors Due Within One Year 433,081 433,081 461,012
Working Cap -245,673 -245,673 -19,253
Total Assets Less Current Liabilities 2,069,213 2,069,213 2,305,312
Long-term Liabilities 2,171,341 2,171,341 2,180,508
Net Assets -102,128 -102,128 124,804
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -102,128 -102,128 124,804
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 92.5% 92.5% 84.0%
Stocks Inventory - - -
Debtors 6.6% 6.6% 4.1%
Cash Bank In Hand 0.9% 0.9% 11.8%
Current Assets 7.5% 7.5% 16.0%
Creditors Due Within One Year 17.3% 17.3% 16.7%
Net Current Assets Liabilities -9.8% -9.8% -0.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -4.1% -4.1% 4.5%
Capital Employed - - -
Total Assets Less Current Liabilities 82.7% 82.7% 83.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Liquidity Ratio 0.4 0.4 1.0
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 10
Mortgages Outstanding 8
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Assets 2,502,294 2,502,294 2,766,324
Debt 2,604,422 2,604,422 2,641,520
Net Assets/Debt -102,128 -102,128 124,804

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around SR4 6LL
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UNIT 8 STARTFORTH ROAD, RIVERSIDE PARK INDUSTRIAL ESTATE, MIDDLESBROUGH, SR4 6LL
PALLION TRAINING COMPANY LIMITED
Pallion Yard, Sunderland, SR4 6LL
AUSTIN AND PICKERSGILL LIMITED
C/O Pallion Engineering Limited, Pallion Yard, Sunderland, SR4 6LL
RYANDALE LTD
Suite 5 2nd Floor Bulman House, Regent Centre, Gosforth, Newcastle Upon Tyne, SR4 6LL
Document Filings
Confirmation statement made on 29 October 2025 with no updates
Registration of charge 025799650009, created on 5 August 2025
Registration of charge 025799650010, created on 5 August 2025
Confirmation statement made on 31 January 2025 with no updates
Appointment of Mr Colin Ainsley as a director on 2 April 2024
Confirmation statement made on 31 January 2024 with no updates
Confirmation statement made on 31 January 2023 with no updates
Confirmation statement made on 31 January 2022 with no updates
Termination of appointment of Peter Callaghan as a secretary on 24 July 2019
Previous accounting period shortened from 1 January 2021 to 30 December 2020
Previous accounting period extended from 31 December 2020 to 1 January 2021
Confirmation statement made on 31 January 2021 with no updates
Confirmation statement made on 31 January 2020 with no updates
Confirmation statement made on 31 January 2019 with no updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 31 January 2018 with no updates
First Gazette notice for compulsory strike-off
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