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Polart Ltd

12877626

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

209 RAGLAN STREET, LOWESTOFT, NR32 2JX
Incorporated 13/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Artur Rzeszutek

director · Since 13/09/2020

DIRECTOR

POLISH · ENGLAND · Age 31

Persons with Significant Control

Mr Artur Rzeszutek

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

Polish · England · Age 31

209, Raglan Street, Lowestoft, NR32 2JX

Notified 13/09/2020

CompanyRankvs 56365+ SIC 47910 peers
41

Financial strength23th percentile among SIC peers · 6/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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56365Polart Ltd
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How is this score calculated?
Financial strength6/25 pts

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

Employees8/15 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.

Longevity6/15 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 30/09/2024

Net Worth

-£687

Balance sheet strength

Cash

£94

Cash in the bank

Net Current Assets

-£687

Working capital

Current Assets

£1k

Current Liabilities

£2k

Debtors

£1k

1avg. employees

Tax at Year End(2021)

Corp tax£1k

Director Loans

Company owes directors£1k

Balance Sheet

Assets less current liabilities-£687
Signed by Mr ARTUR RZESZUTEK 27/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.67
20230.89
20220.96
20212.36

Derived from filed accounts. Not audited figures.