POLAR TECHNOLOGY MANAGEMENT GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-21 (in 9mo)
Last made up 2026-02-07
Watchouts
None on the register
Cash
£80K
-81% vs 2023
Net assets
-£4M
+17.2% vs 2023
Employees
264
+13.3% highest in 5 filed years
Profit before tax
£466K
+32.4% vs 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £27,991,885 | £30,388,635 | |
| Operating profit | — | — | — | — | £1,482,985 | £1,701,579 | |
| Profit before tax | — | — | — | — | £352,108 | £466,146 | |
| Net profit | £396,610 | -£406,129 | — | — | £488,132 | £729,161 | |
| Cash | £549,439 | £360,000 | £16,322 | — | £419,480 | £79,733 | |
| Total assets less current liabilities | £24,723,045 | — | — | — | £15,603,892 | £16,872,580 | |
| Net assets | £2,059,026 | £1,652,897 | -£990,819 | — | -£4,233,685 | -£3,504,524 | |
| Equity | — | — | — | — | -£4,233,685 | -£3,504,524 | |
| Average employees | 10 | 9 | 19 | — | 233 | 264 | |
| Wages | £542,064 | £574,661 | £594,896 | — | £8,676,179 | £9,094,287 | |
| Directors' remuneration | — | — | — | — | £219,570 | £194,420 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+8.6%
£27,991,885 £30,388,635
-
Cash
-81%
£419,480 £79,733
-
Net assets
+17.2%
-£4,233,685 -£3,504,524
-
Employees
+13.3%
233 264
highest in 5 filed years
-
Operating profit
+14.7%
£1,482,985 £1,701,579
-
Profit before tax
+32.4%
£352,108 £466,146
-
Wages
+4.8%
£8,676,179 £9,094,287
highest in 5 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 5.3% | 5.6% | |
| Net margin | — | — | — | — | 1.7% | 2.4% | |
| Return on capital employed | — | — | — | — | 9.5% | 10.1% | |
| Current ratio | — | — | — | — | 1.41x | 1.22x | |
| Interest cover | — | — | — | — | 1.31x | 1.38x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- POLAR TECHNOLOGY MANAGEMENT GROUP LIMITED 2014-08-15 → present
- POLAR VENTURE MANAGEMENT LIMITED 2011-11-25 → 2014-08-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Whitley Stimpson Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis which the directors consider appropriate for the reasons set out below. ... Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- POLAR TECHNOLOGY MANAGEMENT GROUP LIMITED · parent
- SST Technology Limited 100%
- Lentus Composites Limited 100%
- Horizon Engineering Limited 100%
- Polar Venture Management Limited 100%
Significant events
- “In April 2025 the company refinanced with Arbuthnot. The existing plant and machinery lending facility was continued, providing a total facility of £1,569,083. The RLS loan, which amounted to £572,174 at 31 December 2024, was replaced with a six year term loan of £2,000,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JANES, Paul Alexander | Secretary | 2022-06-23 | — | — |
| JANES, Paul Alexander | Director | 2026-03-04 | Feb 1969 | British |
| TAYLOR, Matthew Stephen | Director | 2026-03-04 | Dec 1984 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HILL, Gavin Mcdonald | Secretary | 2020-01-14 | 2022-05-18 |
| DEWHIRST, Michael James | Director | 2011-11-25 | 2026-03-04 |
| ROBERTS, Scott Silas John | Director | 2011-11-25 | 2026-03-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Polar Technology Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-08 | Active |
| Scott Silas John Roberts | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-12-08 |
| Michael James Dewhirst | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-12-08 |
Filing timeline
Last 20 of 77 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-02-24 | CH01 | officers | Change person director company with change date | |
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-29 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-16 | AA | accounts | Accounts with accounts type full | |
| 2025-02-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-13 | AA | accounts | Accounts with accounts type group | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-09 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.