Polytech It Ltd
12919624
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 18/03/2026
Due 01/04/2027
Industry
Officers
Former
director · Resigned 01/12/2020
director · Resigned 19/07/2022
director · Resigned 24/04/2023
director · Resigned 15/03/2025
Persons with Significant Control
Mr Jimneet Singh Bhui
British · England · Age 47
Unit 7 Hainge Park, Hainge Road, Oldbury, B69 2NU
Notified 01/10/2020
Former PSCs
Mr Jack James Bayliss
Ceased 01/12/2020
Mr Adamneet Singh Bhui
Ceased 01/12/2020
Change History
Active
Private Limited Company
UNIT 7 HAINGE PARK
OLDBURY
CompanyRankvs 37908+ SIC 62020 peers66
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£31k
Balance sheet strength
Cash
£29k
Cash in the bank
Net Current Assets
£30k
Working capital
Current Assets
£73k
Current Liabilities
£44k
Fixed Assets
£169
Debtors
£44k
Tax at Year End(2023)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.68 | -£4k |
| 2023 | 1.85 | -£11k |
| 2022 | 2.78 | +£27k |
| 2021 | 2.29 | — |
Derived from filed accounts. Not audited figures.