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Polar 2 Energy Ltd

10657911

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

C/O POWER ACCOUNTAX LTD, MAILBOX 3, SOLENT BUSINESS CENTRE, SOUTHAMPTON, SO15 0HW
Incorporated 08/03/2017

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/03/2025

Due 21/03/2026

Overdue

Industry

71129
Other engineering activities

Officers

Mr Paul Martin Carder

director · Since 08/03/2017

CONSULTANT

BRITISH · UNITED KINGDOM · Age 54

Mr David John Reece

director · Since 08/03/2017

CONSULTANT

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr David John Reece

Significant control

British · United Kingdom · Age 55

17, Maddison Street, Southampton, SO14 2BN

Notified 08/03/2017

CompanyRankvs 15612+ SIC 71129 peers
47

Financial strength68th percentile among SIC peers · 17/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio -0.09× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

Liquidity2/20 pts

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

Longevity9/15 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 31/03/2025

Net Worth

£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£2k

Current Liabilities

-£22k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£26k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£19k
20241.43+£22k
2023-0.00-£216
2021-0.00-£6k
20200.05+£4k
2019-0.00

Derived from filed accounts. Not audited figures.