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United Polymers Limited

03967626

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

4 STATION AVENUE, COVENTRY, CV4 9HS
Incorporated 07/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46760
Wholesale of other intermediate products

Officers

Mr Balraj Sanghera

director · Since 20/05/2000

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Mrs Surinder Sanghera

director · Since 04/12/2025

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Balraj Sanghera

50–75% shares
50–75% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 56

2b, Gregory Avenue, Coventry, CV3 6DL

Notified 05/04/2017

Former PSCs

Mrs Surinder Sanghera

Ceased 06/04/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/04/2006Registered 06/04/2006
charge
outstanding

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 28/06/2005Registered 30/06/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/08/2004Registered 17/08/2004
charge
satisfied

HSBC BANK PLC

Created 22/09/2000Registered 30/09/2000Satisfied 20/10/2004

CompanyRankvs 123+ SIC 46760 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.48× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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123United Polymers Limited
86
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.

Employees12/15 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

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

Key FinancialsYear ending 31/05/2024

Net Worth

£3.7M

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

£3.6M

Working capital

Current Assets

£6.1M

Current Liabilities

£2.4M

Fixed Assets

£95k

Debtors

£3.1M

8avg. employees

Balance Sheet

Intangible assets£41k
Assets less current liabilities£3.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.48-£272k
20232.72+£165k
20221.80+£614k
20211.76+£368k
20202.60—
20191.75—
20181.78—

Derived from filed accounts. Not audited figures.