Polyphotonix Limited
06544953
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2024
total exemption full
Next accounts due
31/03/2026
Confirmation statement
Last: 17/04/2026
Due 01/05/2027
Industry
Officers
director · Since 26/03/2008
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 1 other board
director · Since 17/04/2012
OPERATIONS DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 2 other boards
director · Since 19/12/2013
Persons with Significant Control
Mr Richard Anthony Kirk
British · England · Age 59
Netpark, Explorer 2, Sedgefield, TS21 3FF
Notified 06/04/2016
Former PSCs
Cpi Innovation Services Ltd
Ceased 01/04/2021
Helmsway Limited
Ceased 01/04/2021
Charges1 outstanding
NPIF TVC DEBT LP ACTING BY TVC LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF TVC DEBT L
RALPH PICKLES
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 107214+ SIC 70229 peers37
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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 31/03/2024
Net Worth
-£5.5M
Balance sheet strength
Cash
£272
Cash in the bank
Net Current Assets
-£5.1M
Working capital
Current Assets
£496k
Current Liabilities
£5.6M
Fixed Assets
£383k
Debtors
£431k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.09 | -£1.1M |
| 2023 | 0.09 | -£641k |
| 2022 | 0.05 | -£1.1M |
| 2021 | 0.10 | -£864k |
| 2020 | 0.08 | -£813k |
| 2019 | 0.22 | — |
Derived from filed accounts. Not audited figures.