Polaris Backup Ltd
09125556
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 10/07/2014
director · Since 10/07/2014
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
Persons with Significant Control
Ms Caroline Morrison
British · England · Age 62
4, Meadowlark Close, Sutton-In-Ashfield, NG17 1NN
Notified 06/04/2016
CompanyRankvs 42790+ SIC 62090 peers42
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
-£8k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£37k
Current Liabilities
£43k
Fixed Assets
£569
Debtors
£35k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.85 | — |
| 2024 | 1.11 | — |
| 2023 | 1.08 | +£5k |
| 2022 | 1.14 | -£13k |
| 2021 | 4.43 | +£2k |
| 2020 | 2.65 | +£2k |
| 2019 | 2.66 | +£4k |
| 2018 | 0.32 | — |
Derived from filed accounts. Not audited figures.