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Polymath Creation Ltd

11600381

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

Soho Works, 180 Strand, London, WC2R 1EA
Incorporated 02/10/2018

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

73110
Advertising agencies

Officers

Jack Arrowsmith

director · Since 02/10/2018

British · England · Age 37

Persons with Significant Control

Polymath Industries Ltd

75–100% shares
75–100% votes
Appoint directors

Soho Works, 180 Strand, London, WC2R 1EA

Reg: 16045434 · Register Of Companies · Limited Liability Company

Notified 04/12/2024

Former PSCs

Mr Jack Arrowsmith

Ceased 04/12/2024

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Soho Works
2026-06-09

SOHO WORKS

post townLondon
2026-06-09

LONDON

CompanyRankvs 10802+ SIC 73110 peers
50

Financial strength68th percentile among SIC peers · 17/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees14/15 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 31/10/2025

Net Worth

£8k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£46k

Current Liabilities

£48k

Fixed Assets

£9k

Debtors

£23k

4avg. employees+2

Balance Sheet

Assets less current liabilities£8k
Signed by Mr Jack Arrowsmith 28/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97-£12k
20233.17

Derived from filed accounts. Not audited figures.