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Polar Spirit Limited

15910371

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 MAGNOLIA PLACE, LONDON, SW4 8BB
Incorporated 21/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46342
46342

Officers

Miss Penelope Margaret Phillippa Bell

director · Since 21/08/2024

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 33

Also on 3 other boards

Persons with Significant Control

Miss Penelope Margaret Phillippa Bell

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

English · England · Age 33

16, Magnolia Place, London, SW4 8BB

Notified 21/08/2024

CompanyRankvs 4658+ SIC 46342 peers
28

Financial strength9th percentile among SIC peers · 2/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees7/15 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.

Longevity2/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2025

Net Worth

-£66k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£15k

Current Liabilities

£82k

Fixed Assets

£945

1avg. employees

Balance Sheet

Assets less current liabilities-£66k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.18

Derived from filed accounts. Not audited figures.