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POLAR SYSTEMS LIMITED Financials

Company number
02015519Copy
Copy
Registered office
Old Medow Road, Hardwick Industrial Estate, Kings Lynn, Norfolk PE30 4LA
Incorporated
30/04/1986

Company snapshot

Status
Active
Employees
77 (2025)
Latest financial data
2025
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2023–2025.

Net Assets

£7.08M2025
-0.42%vs 2024

2024: £7.11M

Total Assets

£14.34M2025
-5.26%vs 2024

2024: £15.14M

Cash in Bank

£35.29K2025
-50.32%vs 2024

2024: £71.04K

Total Liabilities

£4.04M2025
-11.10%vs 2024

2024: £4.54M

Employees

772025
+1vs 2024

2024: 76

In 2025, POLAR SYSTEMS LIMITED reported net assets of £7.08M. The same filing shows total assets of £14.34M, cash in bank of £35.29K and total liabilities of £4.04M. Reported headcount was 77 in 2025. Total Assets fell from £15.14M in 2024 to £14.34M in 2025 (-5.26%). Okredo holds filed figures for 2023–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£7.08M2025
-0.42%from £7.11M in 2024

Year-on-year change

Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures POLAR SYSTEMS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£7.01M2023£7.08M2025
+1%vs 2023

+0.5% a year compound (CAGR)

Cash in Bank

£322.38K2023£35.29K2025
-89.1%vs 2023

-66.9% a year compound (CAGR)

Total Assets

£13.85M2023£14.34M2025
+3.5%vs 2023

+1.7% a year compound (CAGR)

Total Liabilities

£3.80M2023£4.04M2025
+6.2%vs 2023

+3.1% a year compound (CAGR)

Employees

462023772025
+67.4%vs 2023+31

Biggest increase

Employees+67.4%

46 in 2023 to 77 in 2025

Biggest decrease

Cash in Bank-89.1%

£322.38K in 2023 to £35.29K in 2025

POLAR SYSTEMS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from POLAR SYSTEMS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
49.36%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
28.15%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
0.87%2025
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
0.25%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for POLAR SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202320242025
Net Assets£7.01M7.11M7.08M
Total Assets£13.85M15.14M14.34M
Cash in Bank£322.38K71.04K35.29K
Total Liabilities£3.80M4.54M4.04M
Employees467677

POLAR SYSTEMS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for POLAR SYSTEMS LIMITED covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.

POLAR SYSTEMS LIMITED reported net assets of £7.08M for 2025. That compares with £7.11M in 2024, a change of -0.42%.

POLAR SYSTEMS LIMITED reported total assets of £14.34M for 2025. That compares with £15.14M in 2024, a change of -5.26%.

POLAR SYSTEMS LIMITED reported cash in bank of £35.29K for 2025. That compares with £71.04K in 2024, a change of -50.32%.

POLAR SYSTEMS LIMITED reported 77 employees in 2025, compared with 76 in 2024.

Between 2023 and 2025, POLAR SYSTEMS LIMITED's net assets rose by 1%, cash in bank fell by 89.1%, total assets rose by 3.5% and total liabilities rose by 6.2%. Net assets compounded at 0.5% a year across the two years to 2025, from £7.01M to £7.08M. Reported headcount went from 46 in 2023 to 77 in 2025 (+31).

Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.