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Polymed Limited

01946437

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 Clos Menter, Western Avenue, Cardiff, CF14 3AY
Incorporated 11/09/1985

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/12/2025

Due 02/01/2027

On track

Industry

20160
Manufacture of plastics in primary forms
20170
Manufacture of synthetic rubber in primary forms
22290
Manufacture of other plastic products

Officers

David Stephen Cummin

director

British · Wales · Age 79

Lynnette Elizabeth Cummin

director · Since 01/01/2004

British · Wales · Age 78

Sarah Diane Alice Best

secretary · Since 01/10/2023

Former

Graham Hunt

director · Resigned 20/11/1997

Graham Hunt

secretary · Resigned 20/11/1997

Peter William Johnson

secretary · Resigned 27/03/1998

Peter William Johnson

director · Resigned 08/03/2010

Barry Alan Quilter

secretary · Resigned 01/10/2023

Persons with Significant Control

Mr David Stephen Cummin

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm

British · Wales · Age 79

Polymed Limited, Clos Menter, Excelsior Industrial Estate, Cardiff, CF14 3AY

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 21/04/1986Registered 07/05/1986Satisfied 18/03/2002

Change History

status → active
2026-06-09

Active

type → ltd
2026-06-09

Private Limited Company

address line1 → 1 Clos Menter
2026-06-09

1 CLOS MENTER

post town → Cardiff
2026-06-09

CARDIFF

officer appointed → BEST, Sarah Diane Alice
2026-06-09
officer appointed → CUMMIN, David Stephen
2026-06-09
officer appointed → CUMMIN, Lynnette Elizabeth
2026-06-09

CompanyRankvs 42+ SIC 20160 peers
77

Financial strength69th percentile among SIC peers · 17/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.99× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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42Polymed Limited
77
How is this score calculated?
Financial strength17/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£228k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£195k

Working capital

Current Assets

£293k

Current Liabilities

£98k

Fixed Assets

£33k

4avg. employees

Balance Sheet

Assets less current liabilities£228k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.99+£402
20232.99+£804
20222.59+£205
20212.68+£201k
20202.92+£10
20192.41+£0
20182.55—

Derived from filed accounts. Not audited figures.