Back to search

Polaris Ventures Ltd

04338920

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 9 outstanding charges (-10)

Details

8 NURSERY GARDENS, KINGS LANGLEY, WD4 9FA
Incorporated 12/12/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mrs Kalpana Magecha

secretary · Since 20/12/2001

PHARMACIST

BRITISH · UNITED KINGDOM · Age 67

Also on 4 other boards

Mr Dilip Magecha

director · Since 20/12/2001

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 9 other boards

Persons with Significant Control

Kaydee Investments Ltd

25–50% shares

8, Nursery Gardens, Kings Langley, WD4 9FA

Reg: 05140753 · Companies House · Limited Company

Notified 06/07/2024

Khakharia Properties Limited

25–50% shares

451, Alexandra Avenue, Harrow, HA2 9SE

Reg: 04873557 · Companies House · Limited Company

Notified 06/07/2024

Oakwood Investments Properties Ltd

25–50% shares

Argyle House, Richmond Accountants Ltd, Northwood, HA6 1NW

Reg: 14132707 · Companies House · Limited Company

Notified 06/07/2024

Former PSCs

Mr Dilip Magecha

Ceased 06/07/2024

Charges9 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/04/2007Registered 21/04/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/04/2007Registered 11/04/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/03/2007Registered 23/03/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/03/2007Registered 17/03/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/03/2007Registered 17/03/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/02/2007Registered 03/03/2007
charge
outstanding

BARCLAYS BANK PLC

Created 26/07/2005Registered 30/07/2005
charge
outstanding

BARCLAYS BANK PLC

Created 26/07/2005Registered 30/07/2005
charge
outstanding

BARCLAYS BANK PLC

Created 26/07/2005Registered 28/07/2005
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 07/02/2002Registered 26/02/2002Satisfied 21/02/2007
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 07/02/2002Registered 26/02/2002Satisfied 21/02/2007

CompanyRankvs 18142+ SIC 41100 peers
54

Financial strength98th percentile among SIC peers · 25/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1French & Jupps Limited
90
2Amalgamated Properties Limited
90
3F.C. Stark Limited
90
4Hitchin Property Trust Limited(The)
90
5Exepex Estates Limited
90
6London & Western Holdings Plc
90
7Robert Dixon Limited
90
8Rayners (Buildings) Limited
90
9G.W.Proudfoot Limited
90
10Taylor Lindsey Limited
90
18142Polaris Ventures Ltd
64
How is this score calculated?
Financial strength25/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

£5.0M

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£144k

Working capital

Current Assets

£71k

Current Liabilities

£216k

Fixed Assets

£6.2M

Debtors

£39k

1avg. employees

Balance Sheet

Bank loans & overdrafts£1.0M
Assets less current liabilities£6.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33+£661k
20241.42+£796k
20230.61+£57k
20220.85-£369k
20213.02-£24k
20200.16—

Derived from filed accounts. Not audited figures.