Company Overview
Polyway Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 27 June 1995, so this is a well established company. Polyway Limited has been in business for 30 years and 9 months. The accounts status is total exemption full and the accounts are next due on Saturday 30 May 2026.
Registered Address

Suite-16 26-32 Bacon Street, London, E2 6DY
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Companies House Data
Company NamePOLYWAY LIMITED
Company Number03072754
Registered Office AddressSuite-16 26-32 Bacon Street
 E2 6DY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date27/06/1995
Accounting Reference Date Day30
Accounting Reference Date Month8
Accounts Next Due Date30/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date25/07/2017
Returns Last Made Up Date27/06/2016
Directors & Members
Show Resigned
Gokul Thankappan Asari Radhakumari - Director
(Indian, 49 years old, born December 1977)
Appointed 21 October 2024
Active
Secretaries
Show Resigned
Other Company Directorships
Gokul Thankappan Asari Radhakumari
ROSEMEDE HOMES LIMITED
VILLAPARK PROPERTIES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 3,266,327 3,266,327 1,506,481
Creditors Due Within One Year 2,705,588 2,705,588 944,623
Working Cap 560,739 560,739 561,858
Total Assets Less Current Liabilities 560,739 560,739 561,858
Long-term Liabilities 0 0 0
Net Assets 560,739 560,739 561,858
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 560,739 560,739 561,858
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 8.1% 8.1% 66.8%
Cash Bank In Hand 91.9% 91.9% 33.2%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 82.8% 82.8% 62.7%
Net Current Assets Liabilities 17.2% 17.2% 37.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 17.2% 17.2% 37.3%
Capital Employed - - -
Total Assets Less Current Liabilities 17.2% 17.2% 37.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 1.2 1.2 1.6
Solvency Ratio 1.2 1.2 1.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 3,266,327 3,266,327 1,506,481
Debt 2,705,588 2,705,588 944,623
Net Assets/Debt 560,739 560,739 561,858

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Director's details changed for Mr Gokul Krishna Thankappan Asari Radhakumari on 12 February 2026
Change of details for Mr Gokul Krishna Thankappan Asari Radhakumari as a person with significant control on 12 February 2026
Director's details changed for Mr Gokul Krishna Thankappan Asari Rad on 11 February 2026
Change of details for Mr Gokul Krishna Thankappan Asari Rad as a person with significant control on 11 February 2026
Change of details for Mr Gokul Krishna Thankappan Asari Rad as a person with significant control on 3 April 2025
Cessation of Abraham Rosenberg as a person with significant control on 3 April 2025
Confirmation statement made on 13 June 2025 with updates
Termination of appointment of Abraham Rosenberg as a director on 3 April 2025
Registered office address changed from 20 Bourne Court Southend Road Woodford Green Essex IG8 8HD to Suite-16 26-32 Bacon Street London E2 6DY on 19 March 2025
Confirmation statement made on 11 November 2024 with updates
Notification of Gokul Krishna Thankappan Asari Rad as a person with significant control on 1 July 2024
Change of details for Mr Abraham Rosenberg as a person with significant control on 1 July 2024
Appointment of Mr Gokul Krishna Thankappan Asari Rad as a director on 21 October 2024
Confirmation statement made on 27 June 2024 with updates
Confirmation statement made on 27 June 2023 with updates
Confirmation statement made on 27 June 2022 with updates
Previous accounting period shortened from 31 August 2021 to 30 August 2021
Termination of appointment of Yehuda Rosenberg as a secretary on 22 July 2021
Confirmation statement made on 27 June 2021 with updates
Confirmation statement made on 27 June 2020 with updates

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