polar group holdings limited
polar group holdings limited Company Information
Group Structure
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Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
45 second avenue, pensnett trading estate, kingswinford, west midlands, DY6 7UY
Website
-polar group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of POLAR GROUP HOLDINGS LIMITED at £155k based on a Turnover of £144.7k and 1.07x industry multiple (adjusted for size and gross margin).
polar group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of POLAR GROUP HOLDINGS LIMITED at £0 based on an EBITDA of £0 and a 4.45x industry multiple (adjusted for size and gross margin).
polar group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of POLAR GROUP HOLDINGS LIMITED at £0 based on Net Assets of £-3.5m and 1.34x industry multiple (adjusted for liquidity).
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Polar Group Holdings Limited Overview
Polar Group Holdings Limited is a dissolved company that was located in kingswinford, DY6 7UY with a Companies House number of 10948371. It operated in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2017, it's largest shareholder was patrick simpson with a 100% stake. The last turnover for Polar Group Holdings Limited was estimated at £144.7k.
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Polar Group Holdings Limited Health Check
Pomanda's financial health check has awarded Polar Group Holdings Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
3 Weak
Size
annual sales of £144.7k, make it smaller than the average company (£14.5m)
- Polar Group Holdings Limited
£14.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (2.7%)
- Polar Group Holdings Limited
2.7% - Industry AVG
Production
with a gross margin of 33.4%, this company has a comparable cost of product (33.4%)
- Polar Group Holdings Limited
33.4% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Polar Group Holdings Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (105)
1 - Polar Group Holdings Limited
105 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)
- Polar Group Holdings Limited
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £144.7k, this is equally as efficient (£144.7k)
- Polar Group Holdings Limited
£144.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Polar Group Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Polar Group Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Polar Group Holdings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Polar Group Holdings Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Polar Group Holdings Limited
- - Industry AVG
POLAR GROUP HOLDINGS LIMITED financials
Polar Group Holdings Limited's latest turnover from March 2021 is estimated at £144.7 thousand and the company has net assets of -£3.5 million. According to their latest financial statements, Polar Group Holdings Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|
| Turnover | 7,572,589 | |||
| Other Income Or Grants | 0 | |||
| Cost Of Sales | 5,619,061 | |||
| Gross Profit | 1,953,528 | |||
| Admin Expenses | 3,268,225 | |||
| Operating Profit | -1,314,697 | |||
| Interest Payable | 60,077 | |||
| Interest Receivable | 0 | |||
| Pre-Tax Profit | -1,374,774 | |||
| Tax | 0 | |||
| Profit After Tax | -1,374,774 | |||
| Dividends Paid | 0 | |||
| Retained Profit | -1,075,897 | |||
| Employee Costs | 1,591,713 | |||
| Number Of Employees | 1 | 1 | 90 | |
| EBITDA* | -1,203,166 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 503,512 |
| Intangible Assets | 0 | 0 | 0 | 7,670 |
| Investments & Other | 0 | 0 | 0 | 176,595 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 687,777 |
| Stock & work in progress | 0 | 0 | 0 | 1,699,677 |
| Trade Debtors | 0 | 0 | 0 | 2,052,111 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 431,977 |
| Cash | 0 | 0 | 0 | 24,466 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 0 | 4,208,231 |
| total assets | 0 | 0 | 0 | 4,896,008 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 1,726,656 | 1,380,321 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 807,105 |
| hp & lease commitments | 0 | 0 | 0 | 46,916 |
| other current liabilities | 1,726,656 | 1,726,656 | 0 | 1,840,642 |
| total current liabilities | 1,726,656 | 1,726,656 | 1,726,656 | 4,074,984 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 5,620 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 1,800,000 | 1,800,000 | 1,800,000 | 1,800,000 |
| provisions | 0 | 0 | 0 | 96,562 |
| total long term liabilities | 1,800,000 | 1,800,000 | 1,800,000 | 1,902,182 |
| total liabilities | 3,526,656 | 3,526,656 | 3,526,656 | 5,977,166 |
| net assets | -3,526,656 | -3,526,656 | -3,526,656 | -1,081,158 |
| total shareholders funds | -3,526,656 | -3,526,656 | -3,526,656 | -1,081,158 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -1,314,697 | |||
| Depreciation | 0 | 0 | 0 | 45,377 |
| Amortisation | 0 | 0 | 0 | 66,154 |
| Tax | 0 | |||
| Stock | 0 | 0 | -1,699,677 | 1,699,677 |
| Debtors | 0 | 0 | -2,484,088 | 2,484,088 |
| Creditors | 0 | -1,726,656 | 346,335 | 1,380,321 |
| Accruals and Deferred Income | 0 | 1,726,656 | -1,840,642 | 1,840,642 |
| Deferred Taxes & Provisions | 0 | 0 | -96,562 | 96,562 |
| Cash flow from operations | -2,069,406 | |||
| Investing Activities | ||||
| capital expenditure | 41,593 | |||
| Change in Investments | 0 | 0 | -176,595 | 176,595 |
| cash flow from investments | -135,002 | |||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -807,105 | 807,105 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -52,536 | 52,536 |
| other long term liabilities | 0 | 0 | 0 | 1,800,000 |
| share issue | ||||
| interest | -60,077 | |||
| cash flow from financing | 2,594,303 | |||
| cash and cash equivalents | ||||
| cash | 0 | 0 | -24,466 | 24,466 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -24,466 | 24,466 |
polar group holdings limited Credit Report and Business Information
Polar Group Holdings Limited Competitor Analysis
Perform a competitor analysis for polar group holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in DY6 area or any other competitors across 12 key performance metrics.
polar group holdings limited Ownership
POLAR GROUP HOLDINGS LIMITED group structure
Polar Group Holdings Limited has 1 subsidiary company.
Ultimate parent company
POLAR GROUP HOLDINGS LIMITED
10948371
1 subsidiary
polar group holdings limited directors
Polar Group Holdings Limited currently has 1 director, Mr Patrick Simpson serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick Simpson | England | 61 years | Sep 2017 | - | Director |
P&L
March 2021turnover
144.7k
-3%
operating profit
0
0%
gross margin
33.5%
-2.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-3.5m
0%
total assets
0
0%
cash
0
0%
net assets
Total assets minus all liabilities
polar group holdings limited company details
company number
10948371
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
-
address
45 second avenue, pensnett trading estate, kingswinford, west midlands, DY6 7UY
Bank
-
Legal Advisor
-
polar group holdings limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to polar group holdings limited.
polar group holdings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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polar group holdings limited Companies House Filings - See Documents
| date | description | view/download |
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