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Polyteck Building Services Limited

05498728

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

143 LEMAN STREET, LONDON, E1 8EY
Incorporated 04/07/2005

Compliance

Last accounts

31/12/2024

medium

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation
43390
Other building completion and finishing
81100
Combined facilities support activities

Officers

Lefki Polycarpou

secretary · Since 04/07/2005

BRITISH · Age 69

Also on 1 other board

Mr Yiannakis Georgiou Polycarpou

director · Since 04/07/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 2 other boards

Mr Costantinos Polycarpou

director · Since 27/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 8 other boards

Persons with Significant Control

Strata Property Holdings Ltd

75–100% shares
75–100% votes

1 Kings Avenue, London, N21 3NA

Reg: 12474178 · England And Wales · Private Limited Company

Notified 19/12/2023

Former PSCs

Mr Yiannakis Polycarpou

Ceased 19/12/2023

Mr Costantinos Polycarpou

Ceased 31/10/2019

Mr George John Polycarpou

Ceased 13/03/2023

Mrs Maria Zenonos Polycarpou

Ceased 19/12/2023

Charges1 outstanding

Charge
outstanding

METRO BANK PLC

Created 14/05/2013Registered 14/05/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/05/2007Registered 26/05/2007Satisfied 24/12/2020
charge
satisfied

THE CYPRUS POPULAR BANK PUBLIC COMPANY LTD

Created 13/06/2006Registered 20/06/2006Satisfied 06/04/2013
charge
satisfied

BANK OF CYPRUS PUBLIC COMPANY LIMITED

Created 02/05/2006Registered 04/05/2006Satisfied 19/05/2007

CompanyRankvs 1977+ SIC 43210 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£42.0M

Annual revenue

Net Worth

£3.1M

Balance sheet strength

Cash

£7k

Cash in the bank

Profit Before Tax

£2.4M

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£12.3M

Current Liabilities

£10.2M

Fixed Assets

£1.8M

Debtors

£9.8M

Cost of Sales

£32.5M

Gross Profit

£9.5M

Admin Expenses

£7.4M

Operating Profit

£2.8M

Profit After Tax

£1.8M

166avg. employees+50

Tax at Year End

Corp tax£581k
Dividends paid£4.9M

People Costs

Wages & salaries£10.9M
NI contributions£1.2M

Balance Sheet

Intangible assets£212k
Bank loans & overdrafts£205k
Assets less current liabilities£3.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20-£3.1M
20231.83+£1.3M
20211.81+£235k
20202.05+£254k
201921.98+£387k
20181.34

Derived from filed accounts. Not audited figures.