Polygon Properties Limited
04299218
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/09/2024
micro entity
Next accounts due
30/06/2026
Confirmation statement
Last: 04/10/2025
Due 18/10/2026
Industry
Officers
director · Since 16/10/2001
ACCOUNTANT
ENGLISH · ENGLAND · Age 86
Also on 8 other boards
Persons with Significant Control
Mr Michael John Keenan
English · England · Age 86
4 Layton House, 36 Layton Road, Hounslow, TW3 1YL
Notified 04/10/2023
Charges1 outstanding
FIRST MERCHANT FINANCE PLC
CompanyRankvs 4516+ SIC 68320 peers67
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
Outstanding charges: -10 pts
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
£11k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£11k
Working capital
Current Assets
£13k
Current Liabilities
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.95 | +£4k |
| 2023 | 3.49 | -£14k |
| 2022 | 7.16 | +£1k |
| 2021 | — | +£3k |
| 2020 | 7.37 | +£4k |
| 2019 | 9.65 | +£199 |
| 2018 | 9.80 | — |
Derived from filed accounts. Not audited figures.