Arctic Circle Ltd.
01857001
Details
Compliance
Last accounts
31/03/2021
full
Next accounts due
31/03/2023
Confirmation statement
Last: 09/01/2023
Due 23/01/2024
Industry
Officers
secretary · Since 31/12/1990
BRITISH · UNITED KINGDOM · Age 67
Also on 5 other boards
director · Since 31/12/1990
COMPANY SECRETARY & MANAGING DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 5 other boards
director · Since 04/09/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 38
director · Since 04/09/2018
ENGINEERING DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
director · Since 01/12/2020
TECHNICAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Persons with Significant Control
Mrs Gail Deborah Gittoes
British · England · Age 67
Arctic Circle Ltd, Coldnose Court Coldnose Road, Hereford, HR2 6JL
Notified 06/04/2016
Charges1 outstanding
National Westminster Bank PLC
L/Hold property known as coldnose road rotherwas industrial estate hereford. And the proceeds of sale thereof floating charge over all moveable plant machinery implements utensils furniture and equipment and an assignment of the goodwill and connection of any business together with the full benefit of all licences.
All monies due or to become due from the company to the chargee on any account whatsoever
Insolvency History2 cases
Arvindar Jit Singh (practitioner) · Raj Mittal (practitioner)
Arvindar Jit Singh (practitioner) · Raj Mittal (practitioner)
CompanyRankvs 15+ SIC 28990 peers16
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
Insolvency history: -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
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 1.66 |
Derived from filed accounts. Not audited figures.