Polaris Developments Ltd
15220022
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/10/2023
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 9 other boards
Persons with Significant Control
Mr Sean Michael Elliott
British · United Kingdom · Age 47
Egerton House, Towers Business Park, Manchester, M20 2DX
Notified 18/10/2023
Former PSCs
Mr Michael Simon Procter
Ceased 30/01/2026
Charges2 outstanding
PMJ CAPITAL LIMITED
PMJ CAPITAL LIMITED
CompanyRankvs 73212+ SIC 41100 peers25
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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.
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 31/10/2024
Net Worth
-£313k
Balance sheet strength
Cash
£130k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£335k
Current Liabilities
£648k
Debtors
£27k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.52 |
Derived from filed accounts. Not audited figures.