polaris property developments limited

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polaris property developments limited Company Information

Share POLARIS PROPERTY DEVELOPMENTS LIMITED

Company Number

13490293

Directors

Rajiv Shah

Jhantilal Halai

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Shareholders

mukesh shah

ninna shah

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Group Structure

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Industry

Development of building projects

 

Registered Address

8 beech hill avenue, barnet, EN4 0LW

Website

-

polaris property developments limited Estimated Valuation

£16.3k

Pomanda estimates the enterprise value of POLARIS PROPERTY DEVELOPMENTS LIMITED at £16.3k based on a Turnover of £50.6k and 0.32x industry multiple (adjusted for size and gross margin).

polaris property developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of POLARIS PROPERTY DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-515 and a 2.46x industry multiple (adjusted for size and gross margin).

polaris property developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of POLARIS PROPERTY DEVELOPMENTS LIMITED at £0 based on Net Assets of £-5.7k and 1.39x industry multiple (adjusted for liquidity).

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Polaris Property Developments Limited Overview

Polaris Property Developments Limited is a live company located in barnet, EN4 0LW with a Companies House number of 13490293. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2021, it's largest shareholder is mukesh shah with a 25% stake. Polaris Property Developments Limited is a startup, micro sized company, Pomanda has estimated its turnover at £50.6k with unknown growth in recent years.

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Polaris Property Developments Limited Health Check

Pomanda's financial health check has awarded Polaris Property Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £50.6k, make it smaller than the average company (£2.3m)

£50.6k - Polaris Property Developments Limited

£2.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Polaris Property Developments Limited

- - Industry AVG

production

Production

with a gross margin of 9.3%, this company has a higher cost of product (26.3%)

9.3% - Polaris Property Developments Limited

26.3% - Industry AVG

profitability

Profitability

an operating margin of -1% make it less profitable than the average company (7.4%)

-1% - Polaris Property Developments Limited

7.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Polaris Property Developments Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)

£49.5k - Polaris Property Developments Limited

£49.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £50.6k, this is less efficient (£279k)

£50.6k - Polaris Property Developments Limited

£279k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (28 days)

67 days - Polaris Property Developments Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 107 days, this is slower than average (31 days)

107 days - Polaris Property Developments Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Polaris Property Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Polaris Property Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 160.6%, this is a higher level of debt than the average (73.7%)

160.6% - Polaris Property Developments Limited

73.7% - Industry AVG

POLARIS PROPERTY DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Polaris Property Developments Limited's latest turnover from July 2024 is estimated at £50.6 thousand and the company has net assets of -£5.7 thousand. According to their latest financial statements, we estimate that Polaris Property Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022
Turnover50,638991,929768,678
Other Income Or Grants
Cost Of Sales45,951897,548696,329
Gross Profit4,68894,38172,349
Admin Expenses5,20395,63376,245
Operating Profit-515-1,252-3,896
Interest Payable
Interest Receivable
Pre-Tax Profit-515-1,252-3,896
Tax
Profit After Tax-515-1,252-3,896
Dividends Paid
Retained Profit-515-1,252-3,896
Employee Costs49,46394,68388,429
Number Of Employees122
EBITDA*-515-1,252-3,896

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022
Tangible Assets196,817
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets196,817
Stock & work in progress
Trade Debtors9,350215,615
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets9,350215,615
total assets9,350215,615196,817
Bank overdraft
Bank loan
Trade Creditors 13,500220,000200,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities13,500220,000200,000
loans
hp & lease commitments
Accruals and Deferred Income1,513763713
other liabilities
provisions
total long term liabilities1,513763713
total liabilities15,013220,763200,713
net assets-5,663-5,148-3,896
total shareholders funds-5,663-5,148-3,896
Jul 2024Jul 2023Jul 2022
Operating Activities
Operating Profit-515-1,252-3,896
Depreciation
Amortisation
Tax
Stock
Debtors-206,265215,615
Creditors-206,50020,000200,000
Accruals and Deferred Income75050713
Deferred Taxes & Provisions
Cash flow from operations-196,817196,817
Investing Activities
capital expenditure196,817-196,817
Change in Investments
cash flow from investments196,817-196,817
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

polaris property developments limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Polaris Property Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for polaris property developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EN4 area or any other competitors across 12 key performance metrics.

polaris property developments limited Ownership

POLARIS PROPERTY DEVELOPMENTS LIMITED group structure

Polaris Property Developments Limited has no subsidiary companies.

Ultimate parent company

POLARIS PROPERTY DEVELOPMENTS LIMITED

13490293

POLARIS PROPERTY DEVELOPMENTS LIMITED Shareholders

mukesh shah 25%
ninna shah 25%
hiesh patani 25%
rajiv shah 25%

polaris property developments limited directors

Polaris Property Developments Limited currently has 3 directors. The longest serving directors include Mr Rajiv Shah (Jul 2021) and Mr Jhantilal Halai (Jul 2021).

officercountryagestartendrole
Mr Rajiv ShahEngland41 years Jul 2021- Director
Mr Jhantilal HalaiEngland40 years Jul 2021- Director
Mr Hitesh PataniEngland64 years Jul 2021- Director

P&L

July 2024

turnover

50.6k

-95%

operating profit

-515

0%

gross margin

9.3%

-2.71%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

-5.7k

+0.1%

total assets

9.4k

-0.96%

cash

0

0%

net assets

Total assets minus all liabilities

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polaris property developments limited company details

company number

13490293

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

July 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2024

previous names

N/A

accountant

-

auditor

-

address

8 beech hill avenue, barnet, EN4 0LW

Bank

-

Legal Advisor

-

polaris property developments 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 polaris property developments limited.

polaris property developments 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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polaris property developments limited Companies House Filings - See Documents

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