Polar Bears Drysuits Limited
15677013
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/04/2024
OWNER
BRITISH · ENGLAND · Age 61
Also on 3 other boards
Persons with Significant Control
Mr Christopher Andrew Reed
British · England · Age 61
Unit 2, Willow Tree Court, Barnstaple, EX31 3TD
Notified 24/04/2024
CompanyRankvs 3386+ SIC 14190 peers33
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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 31/03/2025
Net Worth
-£120
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
-£120
Working capital
Current Assets
£6k
Current Liabilities
£6k
Debtors
£100
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.98 |
Derived from filed accounts. Not audited figures.