Company Overview
Polar Group Holdings Limited is a Dissolved Private Limited Company.
Registered Address

45 Second Avenue, Pensnett Trading Estate, Kingswinford, West Midlands, DY6 7UY
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Companies House Data
Company NamePOLAR GROUP HOLDINGS LIMITED
Company Number10948371
Registered Office Address45 Second Avenue
 Pensnett Trading Estate
 DY6 7UY
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date06/09/2017
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2022
Accounts Last Made Up Date31/03/2021
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date04/10/2018
Directors & Members
Show Resigned
Patrick Simpson - Director
(Irish, 63 years old, born May 1963)
Appointed 13 September 2017
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Patrick Simpson
MMF LIMITED
NEWTEC SOUTH WEST LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2021 31-Mar-2019 31-Mar-2018
Balance Sheet
Fixed Assets -1,800,000 -1,800,000 -1,800,000
Current Assets 73,344 73,344 2,100,001
Creditors Due Within One Year 1,800,000 1,800,000 1,800,000
Working Cap -1,726,656 -1,726,656 300,001
Total Assets Less Current Liabilities -3,526,656 -3,526,656 -1,499,999
Long-term Liabilities 0 0 0
Net Assets -3,526,656 -3,526,656 -1,499,999
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -3,526,656 -3,526,656 -1,499,999
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2021 31-Mar-2019 31-Mar-2018
Tangible Fixed Assets - - -
Fixed Assets 104.2% 104.2% -600.0%
Stocks Inventory - - -
Debtors - - 374.9%
Cash Bank In Hand - - -
Current Assets -4.2% -4.2% 700.0%
Creditors Due Within One Year -104.2% -104.2% 600.0%
Net Current Assets Liabilities 100.0% 100.0% 100.0%
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 204.2% 204.2% -500.0%
Capital Employed - - -
Total Assets Less Current Liabilities 204.2% 204.2% -500.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2021 31-Mar-2019 31-Mar-2018
Liquidity Ratio 0.0 0.0 1.2
Solvency Ratio -1.0 -1.0 0.2
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-Mar-2021 31-Mar-2019 31-Mar-2018
Assets -1,726,656 -1,726,656 300,001
Debt 1,800,000 1,800,000 1,800,000
Net Assets/Debt -3,526,656 -3,526,656 -1,499,999
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
Other Business around DY6 7UY
EG AGRI LIMITED
ELTA GROUP LIMITED 45 SECOND AVENUE, PENSETT TRADING ESTATE, KINGSWINFORD, WEST MIDLANDS, DY6 7UY
Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 5 September 2022 with no updates
Confirmation statement made on 5 September 2021 with no updates
Previous accounting period extended from 30 March 2021 to 31 March 2021
Confirmation statement made on 5 September 2020 with no updates
Registered office address changed from 7 Pilgrim Street London EC4V 6LB United Kingdom to 45 Second Avenue Pensnett Trading Estate Kingswinford West Midlands DY6 7UY on 29 May 2020
Confirmation statement made on 5 September 2019 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Previous accounting period shortened from 31 March 2018 to 30 March 2018
Confirmation statement made on 5 September 2018 with updates
Previous accounting period shortened from 30 September 2018 to 31 March 2018
Notification of Patrick Simpson as a person with significant control on 13 September 2017
Termination of appointment of Gary Nicholas Laitner as a director on 13 September 2017
Appointment of Mr Patrick Ian Simpson as a director on 13 September 2017
Cessation of Gary Nicholas Laitner as a person with significant control on 13 September 2017
Incorporation
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