Polar Group Limited

Polar Group Limited is a small, active company based in London, UK, with a long history, having been founded 86 years ago in 1939. Despite its age, it operates from a virtual address – with 356 other companies registered at the same location – and is managed by five directors and one owner. The company’s core business revolves around importing and exporting furskins and artificial fur products, with a consistent record of 73 months of imports and 124 months of exports.

The company’s website, Polar Property Group, details a property investment business focused on acquiring and developing properties across the UK. Established in 2020, it's led by two directors, Jon Ho Lee and Henry Regan, both with extensive experience in the real estate market. The site highlights a team with expertise in property investment and valuation, and a passion for delivering strong returns.

Financially, Polar Group Limited’s recent reports paint a concerning picture. While the company has £18,000 in total assets, this is a dramatic decrease from £1.4 million the previous year. Debtor amounts have plummeted by 99%, and net current assets are now just £3. Bank borrowings are also significantly reduced. The company has no employees reported. The unaudited financial statements, prepared by Goodman Jones LLP, indicate a company struggling to maintain its financial health. The sharp decline in equity suggests potential cash flow issues or increased losses, although it’s difficult to say for sure without further information. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it may be more vulnerable to economic fluctuations.

Registered in England/Wales under the registration number 00348247, with a registered address at W1T 4RN, United Kingdom, London, 1st Floor Arthur Stanley House, 40-50 Tottenham Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.