Polar Audio Limited
00957438
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 10/10/2025
Due 24/10/2026
Industry
Officers
director · Since 12/09/1991
EXECUTIVE DIRECTOR
BRITISH · ENGLAND · Age 73
Also on 1 other board
Persons with Significant Control
Beyer Dynamic (G.B.) Limited
19 Montpelier Avenue, Bexley, DA5 3AP
Reg: 06507574 · England And Wales · England And Wales
Notified 01/07/2016
Charges0 outstanding
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 40+ SIC 46431 peers65
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/12/2024
Turnover
£10.4M
Annual revenue
Net Worth
£100
Balance sheet strength
Cash
£3.2M
Cash in the bank
Profit Before Tax
£145k
Bottom line earnings
Net Current Assets
£7.0M
Working capital
Current Assets
£9.3M
Current Liabilities
£2.2M
Fixed Assets
£52k
Debtors
£1.3M
Cost of Sales
£7.8M
Gross Profit
£2.6M
Admin Expenses
£2.5M
Operating Profit
£95k
Profit After Tax
£111k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.13 | — |
| 2023 | 3.92 | — |
| 2021 | 3.05 | — |
| 2020 | 2.92 | — |
| 2019 | 3.09 | — |
| 2018 | 6.17 | -£353k |
| 2017 | 5.14 | — |
Derived from filed accounts. Not audited figures.