Polar57 Ltd
12975021
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/10/2020
DIRECTOR AND COMPANY SECRETARY
BRITISH · ENGLAND · Age 31
Persons with Significant Control
Miss Emily Anne Hancock
British · England · Age 31
Folly Lodge, Folly Hill, Market Rasen, LN8 3PW
Notified 26/10/2020
Mr Kieren Michael Blanch
British · England · Age 32
Folly Lodge, Folly Hill, Market Rasen, LN8 3PW
Notified 26/10/2020
CompanyRankvs 48882+ SIC 47910 peers44
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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
-£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£529
Working capital
Current Assets
£859
Current Liabilities
£1k
Fixed Assets
£387
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.62 |
| 2023 | 1.63 |
Derived from filed accounts. Not audited figures.