
Company Number
13490293
Next Accounts
Apr 2026
Shareholders
mukesh shah
ninna shah
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
8 beech hill avenue, barnet, EN4 0LW
Website
-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).
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).
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 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.
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
1 Strong
1 Regular
7 Weak
Size
annual sales of £50.6k, make it smaller than the average company (£2.3m)
- Polaris Property Developments Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Polaris Property Developments Limited
- - Industry AVG
Production
with a gross margin of 9.3%, this company has a higher cost of product (26.3%)
- Polaris Property Developments Limited
26.3% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (7.4%)
- Polaris Property Developments Limited
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
- Polaris Property Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Polaris Property Developments Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £50.6k, this is less efficient (£279k)
- Polaris Property Developments Limited
£279k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (28 days)
- Polaris Property Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (31 days)
- Polaris Property Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Polaris Property Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Polaris Property Developments Limited
- - Industry AVG
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'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 House, Pomanda Estimates
Jul 2024 | Jul 2023 | Jul 2022 | |
---|---|---|---|
Turnover | |||
Other Income Or Grants | |||
Cost Of Sales | |||
Gross Profit | |||
Admin Expenses | |||
Operating Profit | |||
Interest Payable | |||
Interest Receivable | |||
Pre-Tax Profit | |||
Tax | |||
Profit After Tax | |||
Dividends Paid | |||
Retained Profit | |||
Employee Costs | |||
Number Of Employees | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024 | Jul 2023 | Jul 2022 | |
---|---|---|---|
Tangible Assets | 196,817 | ||
Intangible Assets | |||
Investments & Other | |||
Debtors (Due After 1 year) | |||
Total Fixed Assets | 196,817 | ||
Stock & work in progress | |||
Trade Debtors | 9,350 | 215,615 | |
Group Debtors | |||
Misc Debtors | |||
Cash | |||
misc current assets | |||
total current assets | 9,350 | 215,615 | |
total assets | 9,350 | 215,615 | 196,817 |
Bank overdraft | |||
Bank loan | |||
Trade Creditors | 13,500 | 220,000 | 200,000 |
Group/Directors Accounts | |||
other short term finances | |||
hp & lease commitments | |||
other current liabilities | |||
total current liabilities | 13,500 | 220,000 | 200,000 |
loans | |||
hp & lease commitments | |||
Accruals and Deferred Income | 1,513 | 763 | 713 |
other liabilities | |||
provisions | |||
total long term liabilities | 1,513 | 763 | 713 |
total liabilities | 15,013 | 220,763 | 200,713 |
net assets | -5,663 | -5,148 | -3,896 |
total shareholders funds | -5,663 | -5,148 | -3,896 |
Jul 2024 | Jul 2023 | Jul 2022 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | |||
Depreciation | |||
Amortisation | |||
Tax | |||
Stock | |||
Debtors | -206,265 | 215,615 | |
Creditors | -206,500 | 20,000 | 200,000 |
Accruals and Deferred Income | 750 | 50 | 713 |
Deferred Taxes & Provisions | |||
Cash flow from operations | |||
Investing Activities | |||
capital expenditure | |||
Change in Investments | |||
cash flow from investments | |||
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 |
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 group structure
Polaris Property Developments Limited has no subsidiary companies.
Ultimate parent company
POLARIS PROPERTY DEVELOPMENTS LIMITED
13490293
Polaris Property Developments Limited currently has 3 directors. The longest serving directors include Mr Rajiv Shah (Jul 2021) and Mr Jhantilal Halai (Jul 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Rajiv Shah | England | 41 years | Jul 2021 | - | Director |
Mr Jhantilal Halai | England | 40 years | Jul 2021 | - | Director |
Mr Hitesh Patani | England | 64 years | Jul 2021 | - | Director |
P&L
July 2024turnover
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 2024net assets
-5.7k
+0.1%
total assets
9.4k
-0.96%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
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
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
-
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.
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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