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Polaris Developments Ltd

15220022

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

EGERTON HOUSE TOWERS BUSINESS PARK, MANCHESTER, M20 2DX
Incorporated 18/10/2023

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 17/10/2025

Due 31/10/2026

On track

Industry

41100
Development of building projects

Officers

Mr Sean Michael Elliott

director · Since 18/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 9 other boards

Persons with Significant Control

Mr Sean Michael Elliott

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 48

Egerton House, Towers Business Park, Manchester, M20 2DX

Notified 18/10/2023

Former PSCs

Mr Michael Simon Procter

Ceased 30/01/2026

Charges1 outstanding

A registered charge
outstanding

Pmj Capital Limited

123 milnrow road. Shaw, oldham OL2 7TN registered under title number MAN424445 and 2 cyril street, shaw, oldham OL2 7TS registered under title number MAN426272.

Created 13/03/2026Registered 16/03/2026

CompanyRankvs 72393+ SIC 41100 peers
21

Financial strength37th percentile among SIC peers · 9/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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72393Polaris Developments Ltd
30
How is this score calculated?
Financial strength9/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 31/10/2025

Net Worth

£100

Balance sheet strength

Cash

£74

Cash in the bank

Net Current Assets

-£379k

Working capital

Current Assets

£291k

Current Liabilities

£670k

Debtors

£23k

0avg. employees-2
Prepared with v2026.32.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent Ratio
20250.43
20240.52

Derived from filed accounts. Not audited figures.