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Polarwall Limited

04476320

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

4 EXE UNITS COFTON ROAD, EXETER, EX2 8QW
Incorporated 03/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Alexandra Wheeler

secretary · Since 15/07/2002

HOUSEWIFE

BRITISH · Age 67

Mr Alan Wheeler

director · Since 15/07/2002

ENGINEER

BRITISH · UNITED KINGDOM · Age 70

Mr Vaughan Wheeler

director · Since 30/03/2020

LOGISTICS

BRITISH · ENGLAND · Age 72

Persons with Significant Control

Mr Alan Wheeler

25–50% shares
25–50% votes

British · United Kingdom · Age 70

74, Longbrook Street, Exeter, EX4 6AP

Notified 06/04/2016

Charges2 outstanding

Charge
satisfied

ASHLEY COMMERCIAL FINANCE LIMITED

Created 06/06/2014Registered 06/06/2014Satisfied 30/09/2014
charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 28/09/2009Registered 29/09/2009Satisfied 11/05/2014
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 04/09/2007Registered 18/09/2007
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 11/10/2004Registered 12/10/2004Satisfied 11/05/2014
charge
satisfied

HSBC BANK PLC

Created 23/08/2004Registered 24/08/2004Satisfied 30/09/2014
charge
outstanding

DEREK JONES

Created 20/02/2003Registered 27/02/2003

CompanyRankvs 27326+ SIC 43390 peers
33

Financial strength0th percentile among SIC peers · 0/25
Employees88th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees13/15 pts

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

Liquidity0/20 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 30/03/2025

Net Worth

-£350k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£293k

Fixed Assets

£27k

Debtors

£2k

4avg. employees

Tax at Year End(2022)

Corp tax£2k

Director Loans

Company owes directors£172k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£29k
2024-£11k
2023-£37k
2022+£40k
2021-£55k
2020-£56k
20190.23

Derived from filed accounts. Not audited figures.