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Polar Air Ltd

03397782

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

29 ARBORETUM STREET, NG1 4JA
Incorporated 03/07/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Andrew Mark Fitch

director · Since 08/07/1997

ENGINEER

BRITISH · ENGLAND · Age 60

Also on 7 other boards

Michelle Helen Whalin

secretary · Since 31/03/2003

BRITISH · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Andrew Mark Fitch

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

British · England · Age 60

29 Arboretum Street, Nottingham, NG1 4JA

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/08/2018Registered 04/09/2018Satisfied 01/04/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/04/2001Registered 20/04/2001Satisfied 01/04/2026

CompanyRankvs 1494+ SIC 43290 peers
84

Financial strength95th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.84× · 16/20
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 strength24/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£438k

Balance sheet strength

Cash

£228k

Cash in the bank

Net Current Assets

£259k

Working capital

Current Assets

£569k

Current Liabilities

£310k

Fixed Assets

£449k

Debtors

£341k

10avg. employees-1

Tax at Year End(2020)

Corp tax£66k

Director Loans

Directors owe company£4k

Balance Sheet

Bank loans & overdrafts£140k
Assets less current liabilities£709k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.84-£48k
20231.97-£9k
20222.34-£85k
20211.67+£56k
20201.47+£121k
20191.66+£13k
20181.69

Derived from filed accounts. Not audited figures.