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Polat Limited

08302661

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/O CWA, UNIT 4, 3RD FLOOR PRIDE COURT, LONDON, N1 9PF
Incorporated 21/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting
43390
Other building completion and finishing
81100
Combined facilities support activities

Officers

Mr Fatih Polat

director · Since 21/11/2012

BUSINESS MAN

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Fatih Polat

75–100% shares

British · England · Age 61

C/O Cwa, Unit 4, 3rd Floor, Pride Court, London, N1 9PF

Notified 01/07/2016

CompanyRankvs 5928+ SIC 43341 peers
54

Financial strength59th percentile among SIC peers · 15/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees4/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

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

Key FinancialsYear ending 29/11/2024

Net Worth

£5k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£125

Working capital

Current Assets

£2k

Current Liabilities

£2k

Fixed Assets

£38k

Debtors

£1

1avg. employees

Balance Sheet

Assets less current liabilities£38k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94
202313.98
20225.78+£2k
20212.65

Derived from filed accounts. Not audited figures.