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Polycast Limited

01851411

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1 PARK ROW, LEEDS, LS1 5AB
Incorporated 28/09/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24540
Casting of other non-ferrous metals

Officers

Mr Michael Joseph Quinn

director · Since 29/06/2022

CHIEF EXECUTIVE OFFICER

IRISH · IRELAND · Age 57

Mr David John Egan

director · Since 04/07/2024

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 58

Also on 51 other boards

Persons with Significant Control

Polycast International Limited

75–100% shares

1 Park Row, Leeds, LS1 5AB

Notified 25/06/2021

Former PSCs

Mr John Anthony Pullen

Ceased 01/02/2021

David Barry Sadler

Ceased 15/04/2018

Mr Thomas Michael Sadler

Ceased 01/02/2021

Carrick Scott Limited

Ceased 25/06/2021

Jiangyin Uni-Pol Co Limited

Ceased 25/06/2021

Charges0 outstanding

Charge
satisfied

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charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 25/01/2013Registered 29/01/2013Satisfied 10/10/2018
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satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/12/2012Registered 05/01/2013Satisfied 06/11/2018
charge
satisfied

HSBC BANK PLC

Created 01/08/2012Registered 02/08/2012Satisfied 19/02/2013
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 23/03/2010Registered 25/03/2010Satisfied 16/07/2013
charge
satisfied

GRIFFIN FACTORS LIMITED

Created 05/08/1994Registered 16/08/1994Satisfied 19/02/2013
charge
satisfied

GRIFFIN FACTORS LIMITED

Created 05/08/1994Registered 16/08/1994Satisfied 19/02/2013
charge
satisfied

FORWARD TRUST LIMITED

Created 15/08/1994Registered 15/08/1994Satisfied 19/02/2013
charge
satisfied

MIDLAND BANK PLC

Created 17/10/1991Registered 31/10/1991Satisfied 19/02/2013
charge
satisfied

MIDLAND BANK PLC

Created 08/11/1984Registered 14/11/1984Satisfied 19/02/2013

CompanyRankvs 730+ SIC 24540 peers
67

Financial strength71th percentile among SIC peers · 18/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2021

Net Worth

£236k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£923k

Current Liabilities

£947k

Fixed Assets

£388k

Debtors

£508k

25avg. employees-3

Tax at Year End

VAT£101k

Balance Sheet

Bank loans & overdrafts£79k
Assets less current liabilities£364k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20210.97-£50k£2.0M
20200.98+£86k
20191.08

Derived from filed accounts. Not audited figures.