Polysolar Limited in Cambridge, CB3 9AD

Description

Data updated on: 01-11-2023

Polysolar Limited is officially located at Cambridge at 17 Adams Road. Anyone can find the company by referencing its area code - CB3 9AD. The company has been operating on the UK market for seventeen years. The firm is registered under the number 06130240 and company's last known status is active. This company's SIC code is 72190 which means Other research and experimental development on natural sciences and engineering. Polysolar Ltd reported its latest accounts for the financial year up to 2022-03-31. Its latest annual confirmation statement was filed on 2023-03-13.

Considering this particular company's constant development, it became unavoidable to appoint additional company leaders: Aidan C. and Hamish W. who have been cooperating since 2018-04-01 to fulfil their statutory duties for this specific company.

Hamish W. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-25 531	-34 556	-24 507	-10 690	33 249

Balance Sheet
Cash Bank In Hand	15 095	31 383	53 017	3 342	16 340
Cash Bank On Hand					16 340	77 158	106 565	161 110	1 176 334	703 555	2 462 119	2 347 237	1 734 033
Current Assets	15 635	42 274	72 902	146 344	105 825	100 663	149 795	206 716	1 359 544	1 057 223	3 062 109	2 982 769	2 543 283
Debtors		7 976	19 435	137 552	88 065	20 505	31 820	33 790	166 724	298 668	569 776	528 923	633 395
Net Assets Liabilities							96 041	154 120	1 248 588	983 606	664 366	183 941	-263 830
Net Assets Liabilities Including Pension Asset Liability	-25 531	-34 556	-24 507	-10 690	33 249
Other Debtors					13 212	3 639	190	8 115	139 877	282 577	410 933	298 082	513 900
Property Plant Equipment					771	355	1 032	1 134	785	229	2 828	33 442	19 588
Stocks Inventory				5 000	1 420
Tangible Fixed Assets	500	1 347	1 432	565	771
Total Inventories					1 420	3 000	11 410	11 816	16 486	55 000	30 214	106 609	175 855

Capital & Reserves
Called Up Share Capital	925	925	929	929	929
Profit Loss Account Reserve	-26 456	-35 481	-25 436	-11 619	32 320
Shareholder Funds	-25 531	-34 556	-24 507	-10 690	33 249

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					4 198	4 614	5 484	6 309	7 075	7 631	8 150	20 186	35 746
Additional Provisions Increase From New Provisions Recognised								215
Average Number Employees During Period					2	4	5	4	5	5	6	7	7
Bank Borrowings Overdrafts									31
Consideration Received For Shares Issued Specific Share Issue						127 063
Creditors					73 272	47 500	54 786	53 515	111 608	73 803	2 211 012	2 387 893	2 578 924
Creditors Due After One Year	33 718	33 718	33 718	33 718	33 718
Creditors Due Within One Year	7 948	44 190	64 837	123 768	39 629
Future Minimum Lease Payments Under Non-cancellable Operating Leases						6 435	6 435	9 600	15 000	19 800	19 800	28 128	47 921
Increase From Depreciation Charge For Year Property Plant Equipment						416	870	825	766		519	12 036	15 560
Net Current Assets Liabilities	7 687	-1 916	8 065	22 576	66 196	53 163	95 009	153 201	1 247 936	983 420	2 872 550	2 538 392	2 295 506
Nominal Value Shares Issued Specific Share Issue						0
Number Shares Allotted		925 000	929 371	929 371	929 371
Number Shares Issued Fully Paid						2 275 000	2 275 000	2 275 000			2 275 000	34 778 416	34 778 416
Number Shares Issued Specific Share Issue						1 270 629
Other Creditors					49 714	43 619	47 757	38 960	58 505	41 170	2 211 012	2 387 893	2 578 924
Other Remaining Borrowings											2 211 012	2 387 893	2 578 924
Other Taxation Social Security Payable					8 813	2 192	3 477	5 186	43 614	8 041	11 851	73 249	6 913
Par Value Share		0	0	0	0	0	0	0			0	0	0
Prepayments Accrued Income Current Asset	540	2 915	450	450
Profit Loss						-106 869
Property Plant Equipment Gross Cost					4 969	4 969	6 516	7 443	7 860	7 860	10 978	53 628	55 334
Provisions								215	133	43
Provisions For Liabilities Balance Sheet Subtotal								215	133	43
Provisions For Liabilities Charges		269	286	113
Share Capital Allotted Called Up Paid	925	925	929	929	929
Tangible Fixed Assets Additions		1 646	1 324	185	1 064
Tangible Fixed Assets Cost Or Valuation	750	2 396	3 720	3 905	4 969
Tangible Fixed Assets Depreciation	250	1 049	2 288	3 340	4 198
Tangible Fixed Assets Depreciation Charged In Period		799	1 239	1 052	858
Total Additions Including From Business Combinations Property Plant Equipment							1 547	927	417		3 118	42 650	1 706
Total Assets Less Current Liabilities	8 187	-569	9 497	23 141	33 324	53 518	96 041	154 335	1 248 721	983 649	2 875 378	2 571 834	2 315 094
Trade Creditors Trade Payables					14 745	1 689	3 552	9 369	9 458	24 592	130 012	286 719	104 016
Trade Debtors Trade Receivables					74 853	16 866	31 630	25 675	26 847	16 091	158 843	230 841	119 495
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss											-43