Polar Systems Limited in Kings Lynn, PE30 4LA

Description

Data updated on: 01-11-2023

Polar Systems Limited with reg. no. 02015519 has been a part of the business world for 38 years. This Private Limited Company can be found at Old Medow Road, Hardwick Industrial Estate, Kings Lynn and company's postal code is PE30 4LA. This business's SIC and NACE codes are 25730, that means Manufacture of tools. The firm's latest filed accounts documents cover the period up to 2022-04-30 and the most current annual confirmation statement was filed on 2023-02-14.

Polar Systems Limited is a small-sized vehicle operator with the licence number OF1133079. The firm has one transport operating centre in the country. In their subsidiary in King's Lynn on Oldmedow Road, 1 machine is available.

Currently, the directors officially appointed by the firm are: Ashley G. appointed ten years ago, Adrian G. appointed in 2014, Sandra G. appointed on Fri, 4th Jan 1991 and Peter G.. In addition, the director's tasks are constantly backed by a secretary - Sandra G..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2022-04-30	2023-04-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 423 915	1 424 265	1 492 254	1 339 872

Balance Sheet
Cash Bank In Hand	180 428	252	213	155
Cash Bank On Hand				155	111 511	187 213	182 193	144 687	689 523	1 009 783	322 376
Current Assets	1 481 593	1 111 301	1 322 912	1 504 893	1 283 785	1 908 154	2 619 944	2 790 308	3 721 796	3 507 943	3 705 993
Debtors	649 321	434 724	706 265	987 768	706 597	767 677	1 378 557	1 276 299	1 709 230	2 201 429	3 103 069
Intangible Fixed Assets	528 679	533 367	553 334	419 459
Net Assets Liabilities				1 339 872	1 471 990	1 861 919	2 107 019	3 182 605	3 664 057	5 757 037	7 009 584
Net Assets Liabilities Including Pension Asset Liability	1 423 915	1 424 265	1 492 254	1 339 872
Other Debtors				46 396	1 991	1 991				483 424	161 858
Property Plant Equipment				1 052 670	1 073 904	1 670 059	1 543 595	1 489 489	2 410 571
Stocks Inventory	651 844	676 325	616 434	516 970
Tangible Fixed Assets	776 315	810 161	689 180	1 052 670
Total Inventories				516 970	465 677	953 264	1 059 194	1 369 322	1 323 043	296 731	280 548

Capital & Reserves
Called Up Share Capital	150	200	202	202
Profit Loss Account Reserve	1 423 765	1 424 065	1 492 052	1 339 670
Shareholder Funds	1 423 915	1 424 265	1 492 254	1 339 872

Other Financial Data
Accrued Liabilities				5 940	5 940	5 940	8 445	27 302	32 072
Accumulated Amortisation Impairment Intangible Assets				1 247 766	1 493 461	1 749 298	2 049 401	2 793 645	3 729 581	3 494 799	4 123 880
Accumulated Depreciation Impairment Property Plant Equipment				1 092 234	1 125 538	1 321 754	1 491 895	1 631 497	1 826 279	298 531	338 992
Amounts Recoverable On Contracts										597 947	1 576 220
Average Number Employees During Period					54	45	45	59	67	49	46
Bank Borrowings Overdrafts				255 656	19 235					141 573	541 759
Corporation Tax Recoverable					30 304	30 374	31 038	11 075	100 247
Creditors				409 202	424 628	922 008	714 573	627 281	1 014 257	2 781 105	2 415 033
Creditors Due After One Year	80 245	98 952	39 986	409 202
Creditors Due Within One Year	1 250 170	893 351	1 004 906	1 128 881
Disposals Decrease In Depreciation Impairment Property Plant Equipment					180 140			22 546
Disposals Property Plant Equipment					202 873			29 170
Finance Lease Liabilities Present Value Total				409 202	424 628	280 328	119 549	59 434	84 973
Fixed Assets	1 304 994	1 343 528	1 242 514	1 472 129	1 475 629	2 263 495	2 280 074	2 417 067	3 360 667	6 332 288	7 104 077
Increase From Amortisation Charge For Year Intangible Assets					245 695	255 837	300 103	744 244	935 936		629 081
Increase From Depreciation Charge For Year Property Plant Equipment					213 444	196 216	170 141	162 148	194 782		334 437
Intangible Assets				419 459	401 725	593 436	736 479	927 578	950 096	3 374 968	4 062 113
Intangible Assets Gross Cost				1 667 225	1 895 186	2 342 734	2 785 880	3 721 223	4 679 677	6 869 767	8 185 993
Intangible Fixed Assets Additions		221 820	270 612	111 246
Intangible Fixed Assets Aggregate Amortisation Impairment	534 868	752 000	1 002 645	1 247 766
Intangible Fixed Assets Amortisation Charged In Period		217 132	250 645	245 121
Intangible Fixed Assets Cost Or Valuation	1 063 547	1 285 367	1 555 979	1 667 225
Merchandise				80 055	91 762	200 869	154 390	89 282	87 100
Net Current Assets Liabilities	231 423	217 950	318 006	376 012	590 009	620 357	623 355	1 474 101	1 414 528	726 838	1 290 960
Number Shares Allotted		100	2	2
Other Creditors										415 373	915 083
Other Taxation Social Security Payable				26 016	17 396	37 559	51 086	50 612	45 500	236 161	85 452
Par Value Share		1	1	1
Payments Received On Account				275 312	213 097	483 097	463 097	230 000	120 000
Prepayments				8 422	15 857	7 755	7 378	8 451	6 955
Property Plant Equipment Gross Cost				2 144 904	2 199 442	2 991 813	3 035 490	3 120 986	4 236 850	2 023 054	3 065 332
Provisions For Liabilities Balance Sheet Subtotal				99 067	169 020	99 925	81 837	81 282	96 881	234 232	332 298
Provisions For Liabilities Charges	32 257	38 261	28 280	99 067
Recoverable Value-added Tax				65 064
Share Capital Allotted Called Up Paid	50	100	2	2
Tangible Fixed Assets Additions		193 860	6 378	635 437
Tangible Fixed Assets Cost Or Valuation	1 785 123	1 897 489	1 869 141	2 144 904
Tangible Fixed Assets Depreciation	1 008 808	1 087 328	1 179 961	1 092 234
Tangible Fixed Assets Depreciation Charged In Period		142 117	113 672	206 346
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		63 597	21 039	294 073
Tangible Fixed Assets Disposals		81 494	34 726	359 674
Total Additions Including From Business Combinations Intangible Assets					227 961	447 548	443 146	935 343	958 454		1 316 226
Total Additions Including From Business Combinations Property Plant Equipment					257 411	792 371	43 677	114 666	1 115 864		419 081
Total Assets Less Current Liabilities	1 536 417	1 561 478	1 560 520	1 848 141	2 065 638	2 883 852	2 903 429	3 891 168	4 775 195	7 059 126	8 395 037
Trade Creditors Trade Payables				422 545	254 384	522 605	951 233	616 819	702 572	1 441 522	1 288 349
Trade Debtors Trade Receivables				867 886	658 445	727 557	1 340 141	1 256 773	1 602 028	1 120 058	1 364 991
Work In Progress				436 915	373 915	752 395	904 804	1 280 040	1 235 943