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Polaris Property Developments Limited

13490293

active
ltd
england wales
Companies House
2 outstanding charges
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

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

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

Hitesh Patani

director · Since 02/07/2021

British · United Kingdom · Age 65

Rajiv Shah

director · Since 02/07/2021

British · United Kingdom · Age 42

Mukesh Shah

director · Since 12/05/2026

British · England · Age 66

Former

Jhantilal Vaghji Halai

director · Resigned 20/02/2025

Jonathan Beale

director · Resigned 20/02/2025

Persons with Significant Control

Former PSCs

Beale Halai Properties Limited

Ceased 24/01/2025

Tremula Property Investments Limited

Ceased 24/01/2025

Charges2 outstanding

A registered charge
outstanding

Quantum Development Finance LTD

All that freehold property known as 2 east ferry road, london (EGL368785), 4 east ferry road, london (287887), 6 east ferry road, london (LN19058), 8 east ferry road, london (263234), 10 east ferry road, london (395617) and 12 east ferry road, london (NGL431133). For more details please refer to the instrument.

Created 14/05/2026Registered 20/05/2026
A registered charge
outstanding

Quantum Development Finance LTD

All that freehold property known as 2 east ferry road, london (EGL368785), 4 east ferry road, london (287887), 6 east ferry road, london (LN19058), 8 east ferry road, london (263234), 10 east ferry road, london (395617) and 12 east ferry road, london (NGL431133). For more details please refer to the instrument.

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

Change History

statusactive
2026-07-15

Active

typeltd
2026-07-15

Private Limited Company

address line18 Beech Hill Avenue
2026-07-15

8 BEECH HILL AVENUE

post townBarnet
2026-07-15

BARNET

CompanyRankvs 48278+ SIC 41100 peers
37

Financial strength77th percentile among SIC peers · 19/25
Employees14th 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

Derived from filed accounts. Not audited figures.