Polar (N.E.) Limited
01740670
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
30/04/2025
medium
Next accounts due
31/01/2027
Confirmation statement
Last: 09/07/2026
Due 23/07/2027
Industry
Officers
director · Since 25/10/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 3 other boards
Former
secretary · Resigned 06/09/2005
director · Resigned 30/04/2015
director · Resigned 05/07/2016
secretary · Resigned 28/02/2020
director · Resigned 28/02/2020
director · Resigned 25/10/2022
director · Resigned 25/10/2022
Persons with Significant Control
Hill Baxter Group Ltd
Unit 9, Stephenson Court, Middlesbrough, TS6 6UT
Reg: 15873101 · Companies House · Private Limited Company
Notified 30/04/2025
Former PSCs
Mr Raymond Hill
Ceased 18/03/2019
Mr Alexander Wolfgang Baxter
Ceased 18/03/2019
Mr Alexander Wolfgang Baxter
Ceased 25/10/2022
Mr Raymond Hill
Ceased 25/10/2022
Hill Baxter Holdings Limited
Ceased 30/04/2025
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
NPIF TVC DEBT LP ACTING BY TVC LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF TVC DEBT L
KRIYA FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
UNIT 9 STEPHENSON COURT
MIDDLESBROUGH
CompanyRankvs 379+ SIC 43342 peers61
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
Outstanding charges: -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 directors with respect to going co
Key FinancialsYear ending 30/04/2025
Turnover
£8.7M
Annual revenue
Net Worth
£479k
Balance sheet strength
Cash
£433k
Cash in the bank
Profit Before Tax
£979k
Bottom line earnings
Net Current Assets
£661k
Working capital
Current Assets
£2.6M
Current Liabilities
£1.9M
Fixed Assets
£204k
Debtors
£2.0M
Cost of Sales
£4.9M
Gross Profit
£3.8M
Admin Expenses
£2.5M
Operating Profit
£1.3M
Profit After Tax
£735k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.34 | +£735k |
| 2024 | 1.02 | — |
Derived from filed accounts. Not audited figures.