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Arctic Circle Ltd.

01857001

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

FRP ADVISORY TRADING LIMITED, BIRMINGHAM, B3 3BD
Incorporated 19/10/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mrs Gail Deborah Gittoes

secretary · Since 31/12/1990

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Mrs Gail Deborah Gittoes

director · Since 31/12/1990

COMPANY SECRETARY & MANAGING DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 5 other boards

Mr Anthony Nelder

director · Since 01/12/2006

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Michael Edward Gittoes

director · Since 04/09/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Mr Christopher John Green

director · Since 04/09/2018

ENGINEERING DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Mr Patrick Gerard Knight

director · Since 01/12/2020

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mrs Gail Deborah Gittoes

75–100% shares
75–100% votes
Appoint directors

British · England · Age 67

Arctic Circle Ltd, Coldnose Court Coldnose Road, Hereford, HR2 6JL

Notified 06/04/2016

Charges5 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/07/1998Registered 28/07/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/01/1998Registered 30/01/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/07/1996Registered 16/07/1996
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1995Registered 21/02/1995
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/03/1990Registered 20/03/1990

CompanyRankvs 15+ SIC 28990 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity16/20 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.

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 concern are d

Key FinancialsYear ending 31/03/2021

Turnover

£6.1M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£30k

Bottom line earnings

Net Current Assets

£2.3M

Working capital

Current Assets

£5.7M

Current Liabilities

£3.4M

Fixed Assets

£2.3M

Debtors

£1.7M

Cost of Sales

£4.8M

Gross Profit

£1.4M

Admin Expenses

£1.5M

Operating Profit

£113k

Profit After Tax

£40k

64avg. employees

People Costs

Wages & salaries£1.6M
NI contributions£137k

Balance Sheet

Intangible assets£376k
Bank loans & overdrafts£127k
Assets less current liabilities£4.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20211.66

Derived from filed accounts. Not audited figures.