Polar Media Limited
- Small
- Holding
- Active
- 21 years
- 15 employees
- £1,252,008 (assets)
- Virtual address
- 2 directors
- 2 owners
- Irregular importer
- Rating 4.0 (6)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Polar Media Award Winning Film 3D Animation Television Branded Film CGI Animation VFX Interactive VR AR TV Team Branded Team Branded Television LONDON 44 020 8682 0500 AUSTRALIA 61 08 6188 6888. Polar Media is a London and Australia-based company specializing in film production, 3D animation, and branded content for television. They offer a full suite of services, from concept development to post-production, catering to a diverse range of clients. With a dedicated team and a proven track record of award-winning work, Polar Media appears to be a dynamic player in the media landscape.
Polar Media’s website showcases a wide array of services, primarily focused on creating high-quality animated content. They offer film production, 3D animation, CGI animation, VFX, interactive VR and AR experiences, and branded film production. It’s clear they’re not an e-commerce business; their focus is entirely on service delivery. The website highlights their expertise in creating compelling visual content for television and branded campaigns. They seem to be a B2B service provider, targeting businesses and brands seeking professional animation and film production services. The presence of London and Australia contact details suggests a global reach and potential for international projects.
Financially, Polar Media presents a mixed picture. While retained earnings and equity grew by 13% to £860,000, indicating overall asset growth, some key metrics raise concerns. Cash bank on hand decreased by 5.3% to £460,000, suggesting a potential drain on liquid assets. Trade debtors increased significantly by 35% to £610,000, which could be a sign of delayed payments from clients or an expansion of credit terms. Interestingly, corporation tax payable jumped 110% to £32,000, and other taxation social security payable increased dramatically by 130% to £140,000, which might indicate a change in tax regulations or increased payroll costs. On the positive side, trade creditors decreased by 38% to £87,000, suggesting improved debt management. The company’s employee count remained constant at 15. The accounts are audit exempt with an accountant’s report.
Overall, Polar Media appears to be a company in transition. While they’re growing their assets and equity, the increase in liabilities and decrease in cash reserves suggests they may be burning through money. The significant rise in tax and social security obligations could be a temporary issue or a sign of underlying cost pressures. The lack of a formal audit means the financial picture is based on unaudited data, so it's hard to say for sure.
Registered in England/Wales under the registration number 05129290, with a registered address at W1T 7NF, United Kingdom, London, Level 5a Maple House, 149 Tottenham Court Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 50%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 4
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
- 3
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Total exemption full accounts made up to 2024-05-31Download 11 pages pdf report
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Confirmation statement made on 2024-10-18 with updatesDownload 5 pages pdf report
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Registered office address changed from 37 Warren Street London W1T 6AD England to Level 5a Maple House 149 Tottenham Court Road London W1T 7NF on 2024-06-13Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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