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Polymet Limited

02750520

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

THE TOWN HALL BURNLEY ROAD, BURNLEY, BB12 8BS
Incorporated 25/09/1992

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 18/01/2024

Due 01/02/2025

Overdue

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Ann Harwood

secretary · Since 25/09/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Mrs Ann Harwood

director · Since 25/09/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Mr Russell John Harwood

director · Since 25/09/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 7 other boards

Mr Stuart Colin Harwood

director · Since 25/09/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Mr Philip Crowe

director · Since 01/10/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Mr Stuart Colin Harwood

25–50% shares
25–50% votes

British · United Kingdom · Age 59

The Station House, Station Road, Clitheroe, BB7 9RT

Notified 06/04/2016

Mr Russell John Harwood

25–50% shares
25–50% votes

British · United Kingdom · Age 61

The Station House, Station Road, Clitheroe, BB7 9RT

Notified 06/04/2016

Former PSCs

Ms Ann Harwood

Ceased 06/12/2016

Charges1 outstanding

Fixed and floating charge
outstanding

Rbs Invoice Finance Limited

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 06/02/2007Registered 10/02/2007

Insolvency History1 case

creditors voluntary liquidation15/02/2024

Natalie Hughes (practitioner)

CompanyRankvs 15+ SIC 25990 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.89× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

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.

Risk deductions

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.

Key FinancialsYear ending 31/03/2023

Net Worth

£174k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£136k

Working capital

Current Assets

£207k

Current Liabilities

£72k

Fixed Assets

£69k

Debtors

£163k

15avg. employees

Balance Sheet

Bank loans & overdrafts£23k
Assets less current liabilities£204k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20232.89

Derived from filed accounts. Not audited figures.