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Polaris Property Developments Limited

13490293

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

8 BEECH HILL AVENUE, BARNET, EN4 0LW
Incorporated 02/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Hitesh Patani

director · Since 02/07/2021

PROPERTY CONSULTANT

BRITISH · UNITED KINGDOM · Age 65

Also on 17 other boards

Mr Rajiv Shah

director · Since 02/07/2021

PROPERTY CONSULTANT

BRITISH · UNITED KINGDOM · Age 42

Also on 22 other boards

Mr Mukesh Shah

director · Since 12/05/2026

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Former PSCs

Beale Halai Properties Limited

Ceased 24/01/2025

Tremula Property Investments Limited

Ceased 24/01/2025

Charges2 outstanding

Charge
outstanding

QUANTUM DEVELOPMENT FINANCE LTD

Created 14/05/2026Registered 20/05/2026
Charge
outstanding

QUANTUM DEVELOPMENT FINANCE LTD

Created 14/05/2026Registered 20/05/2026

CompanyRankvs 50550+ SIC 41100 peers
37

Financial strength77th percentile among SIC peers · 19/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees2/15 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.

Longevity5/15 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 31/07/2025

Net Worth

£70k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£5.0M

Current Liabilities

£5.0M

0avg. employees

Balance Sheet

Assets less current liabilities£11k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00+£64k
20240.69+£515
2023+£1k
20220.98

Derived from filed accounts. Not audited figures.