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Polarspeed Limited

10070932

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

16 MORRIS ROAD, LEICESTER, LE2 6BR
Incorporated 18/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Adell Louise Kremner

director · Since 21/01/2021

British

Former

Natalie Jean Turner

director · Resigned 01/07/2019

CompanyRankvs 320560+ SIC 49410 peers
43

Financial strength44th percentile among SIC peers · 11/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees1/15 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.

Longevity10/15 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 31/03/2024

Net Worth

£649

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£2k

Fixed Assets

£400

0avg. employees

Balance Sheet

Assets less current liabilities£649
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.53

Derived from filed accounts. Not audited figures.