Company Overview
Polythene (Uk) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 02 January 2007, so this is a well established company. Polythene (Uk) Limited has been in business for 19 years and 2 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

31C Avenue One Station Lane, Witney, Oxon, OX28 4XZ
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Companies House Data
Company NamePOLYTHENE (UK) LIMITED
Company Number06039291
Registered Office Address31c Avenue One Station Lane
 Witney
 OX28 4XZ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/01/2007
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date02/04/2017
Returns Last Made Up Date05/03/2016
Previous Company NameChanged Date
PENROD LIMITED28 Feb 2007
Directors & Members
Show Resigned
Jack Mungall - Director
(British, 42 years old, born July 1984)
Appointed 15 May 2017
 Active
James Woollard - Director
(British, 50 years old, born May 1976)
Appointed 10 August 2007
 Active
Kylie Woollard - Director
(British, 51 years old, born December 1975)
Appointed 10 August 2007
 Active
Secretaries
Show Resigned
Kylie Woollard - Secretary
(British)
Appointed 10 August 2007
 Active
Other Company Directorships
Jack Mungall
No companies found
James Woollard
EVERGREEN INVESTMENT FINANCE LLP
EVERGREEN PV LIMITED
INTERGRO LIMITED
J S TAYLOR DEVELOPMENTS LTD
PHOENIX FILM PARTNERS LLP
SCAFFOLD SHEET WRAP LTD
ZEST DIGITAL LIMITED
Kylie Woollard
INTEGRATED SENSOR SYSTEMS LIMITED
INTERGRO LIMITED
META TECHNOLOGY LIMITED
META VISION SYSTEMS LIMITED
SCAFFOLD SHEET WRAP LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets - - -
Current Assets - - -
Creditors Due Within One Year 3,585,358 3,585,358 5,045,247
Working Cap - - -
Total Assets Less Current Liabilities 355,174 355,174 355,174
Long-term Liabilities 0 0 0
Net Assets 355,174 355,174 355,174
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 355,174 355,174 355,174
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets - - -
Stocks Inventory - - -
Debtors 74.0% 74.0% 60.4%
Cash Bank In Hand 1.1% 1.1% 7.4%
Current Assets - - -
Creditors Due Within One Year 91.0% 91.0% 93.4%
Net Current Assets Liabilities - - -
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 9.0% 9.0% 6.6%
Capital Employed - - -
Total Assets Less Current Liabilities 9.0% 9.0% 6.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio -1.0 -1.0 -1.0
Solvency Ratio 1.1 1.1 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 9
Mortgages Outstanding 5
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 3,940,532 3,940,532 5,400,421
Debt 3,585,358 3,585,358 5,045,247
Net Assets/Debt 355,174 355,174 355,174

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.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.   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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

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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NITRON RACING SYSTEMS LIMITED
UNIT 8 UNIT 8 TUNGSTEN PARK, COLLETTS WAY, WITNEY, OXON, OX28 4XZ
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Document Filings
Confirmation statement made on 5 March 2026 with updates
Registered office address changed from 31C Avenue One Station Lane Witney Oxon OX28 4XZ to 4 Witan Park Avenue Two Witney OX28 4FH on 10 June 2025
Confirmation statement made on 5 March 2025 with updates
Termination of appointment of Ryan James Sadler as a director on 12 April 2024
Confirmation statement made on 5 March 2024 with updates
Resolutions
Sub-division of shares on 29 September 2023
Change of share class name or designation
Memorandum and Articles of Association
Resolutions
Appointment of Mr Ryan James Sadler as a director on 29 September 2023
Confirmation statement made on 5 March 2023 with updates
Confirmation statement made on 5 March 2022 with updates
Confirmation statement made on 5 March 2021 with updates
Director's details changed for Mr James Edward David Woollard on 16 October 2019
Change of details for Mr James Edward David Woollard as a person with significant control on 16 October 2019
Confirmation statement made on 5 March 2020 with updates
Confirmation statement made on 5 March 2019 with updates
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