£72k
−26%vs Oct 2024ActiveSC367207Private limited companyGlasgow
POLAR WELD LTD
B69/10001
Summary
POLAR WELD LTD is an active private limited company (company number SC367207) incorporated on 21 October 2009, registered in Glasgow. Its registered activity is manufacture of other general-purpose machinery n.e.c. (SIC 28290). Latest small accounts cover the period ending 31 October 2025, showing net assets of £72k and cash of £72k, with 3 employees on average. Net assets fell 26% on the prior period (£97k). Across the last 3 periods on record the net-asset trend is volatile.
Peer position · net assets
By net assets it sits in the upper half of 757 comparable companies in the UK (median £21k, upper quartile £297k).
02
Key dates
- Incorporated
- 21 October 200917 yrs ago
- Next accounts due
- 31 July 2027in 282 days
- Confirmation statement due
- 4 November 2026in 13 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 28290
- Manufacture of other general-purpose machinery n.e.c.
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£72k
−42%vs Oct 2024Not reported
3
No changevs Oct 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | £72k | £72k | £135k | — | — | — | 3 |
| 31 October 2024 | £97k | £124k | £130k | — | — | — | 3 |
| 31 October 2023 | £62k | £47k | £79k | — | — | — | 4 |
Cash per employee£24kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
69 / 100 · grade B
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £71,966 at 2025-10-31 |
| −8 | Net assets falling-25.8% vs prior period |
| +4 | Cash reservesCash £71,695 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 2009-10-21 (17 years) |
| 69 | Score, grade B |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Andrew Robert Kay
- owns 50–75% of shares
- holds 50–75% of voting rights
- Mrs Megan Kay
- owns 25–50% of shares
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 282 days
- Confirmation statement duein 13 days
- Accounts period endNet assets £72k · small accounts
- Accounts period endNet assets £97k · small accounts
- Accounts period endNet assets £62k · small accounts
- Incorporated
08
Similar companies in Glasgow
- SBJ ENGINEERING SERVICES LIMITEDRenfrew · inc. Jun 2008
- HOWDEN BLACKSMITHS LTD.Glasgow · inc. Apr 2000
- BLANTYRE FABRICATIONS LIMITEDGlasgow · inc. Apr 2021
- GRAVITY ROBOTICS AND AUTOMATION LIMITEDJohnstone · inc. Feb 2024
- LANARKSHIRE FAN COMPANY LIMITEDGlasgow · inc. May 2024
- PALLADION LTDGlasgow Central · inc. Oct 2025
All companies incorporated on 21 October 2009 · in Oct 2009.
09
Reminders for POLAR WELD LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.