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Poineer Polymers Ltd

11201570

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 14 BOLTON MILL ROAD, BOLTON, BL5 3EA
Incorporated 12/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20160
Manufacture of plastics in primary forms

Officers

Mr Rindo Antony Cheruthuruthi

director · Since 01/09/2019

ENGINEERING MNAGER

BRITISH · ENGLAND · Age 53

Mr Binu Thavalachirappattu Chacko

director · Since 08/12/2019

MANAGER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mrs Christy Mathew

director · Since 09/12/2019

NURSE

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mr Jomy Jose Elavathingal

director · Since 01/02/2020

STERILE TECHNICIAN

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Binu Thavalachirappattu

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 50

Unit 14, Bolton Mill Road, Bolton, BL5 3EA

Notified 14/12/2019

Mrs Christy Mathew

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 51

Unit 14, Bolton Mill Road, Bolton, BL5 3EA

Notified 14/12/2019

Mr Rindo Antony Cheruthuruthi

Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 53

Unit 14, Bolton Mill Road, Bolton, BL5 3EA

Notified 14/12/2019

Mr Jomy Jose Elavathingal

25–50% shares

British · England · Age 55

Unit 14, Bolton Mill Road, Bolton, BL5 3EA

Notified 01/02/2020

Former PSCs

Mr Bijumon Kurian

Ceased 06/12/2019

Charges2 outstanding

Charge
outstanding

TAB LONDON LIMITED

Created 12/04/2024Registered 15/04/2024
Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 20/04/2018Registered 23/04/2018

CompanyRankvs 56+ SIC 20160 peers
62

Financial strength66th percentile among SIC peers · 17/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.37× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees12/15 pts

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

Liquidity20/20 pts

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

Longevity8/15 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.

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 28/02/2025

Net Worth

£124k

Balance sheet strength

Cash

£790

Cash in the bank

Net Current Assets

£137k

Working capital

Current Assets

£162k

Current Liabilities

£25k

Fixed Assets

£31k

Debtors

£102k

13avg. employees

Tax at Year End

Corp tax£12k

Director Loans(2024)

Directors owe company£91k

Balance Sheet

Assets less current liabilities£167k
Signed by Mr RINDO CHERUTHURUTHI 12/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20256.37+£0
20256.37+£9k
20244.15+£14k
20233.66+£41k£134k
20226.11+£49k£134k
20213.11-£861£288k
20200.98+£9k
20190.55

Derived from filed accounts. Not audited figures.