POLARIS U.K. LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-15 (this month)

Last made up 2025-05-01

Watchouts

1 item

Cash

£5M

+33.3% vs 2023

Net assets

£5M

+2.9% vs 2023

Employees

-4.5% vs 2023

Profit before tax

£344K

-51.6% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

5 officer resignations in last 12 months

Multiple officers have left the board recently — see the People section for who.

Name history

Renamed 1 time since incorporation

POLARIS U.K. LIMITED 1994-07-22 → present
CARABIL LIMITED 1994-03-22 → 1994-07-22

Net assets

2-year trend · vs Technology median

POLARIS U.K. LIMITED·Technology median · n=967

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£8,163,506	£8,770,175
Operating profit	£667,849	£253,378
Profit before tax	£710,487	£343,559
Net profit	£556,534	£132,990
Cash	£3,835,515	£5,112,503
Total assets less current liabilities	£6,856,833	£7,307,060
Net assets	£4,542,372	£4,675,362
Equity	£4,542,372	£4,675,362
Average employees	22	21
Wages	£1,818,871	£1,795,381

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2023-12-31	2024-12-31
Operating margin	8.2%	2.9%
Net margin	6.8%	1.5%
Return on capital employed	9.7%	3.5%
Current ratio	1.83x	2.67x
Interest cover	5.56x	1.99x

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.

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: Azets Audit Services
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The directors consider the company has adequate resources and sufficient funding to continue in operational existence for the foreseeable future and that it is therefore appropriate to adopt the going concern basis in preparing the financial statements.”

Significant events

“A significant upgrade of the imarket trading platform which was entirely funded from the company's funds was successfully completed in November 2023 with 2024 being the first full year of operations supported by this new version of the platform.”
“The investment program in ProductWriter continued during the year, with one of its largest releases in recent years, delivering nearly 60 enhancements for its users, including the ability to speed up the deployment of products to the market.”
“In 2023, the company achieved the EcoVadis Gold award for Sustainability Rating, placing it in the top 5% globally, amongst organisations of a similar size (assessed by EcoVadis). This award was retained in 2024.”
“On 16 December 2024, the company entered into a seven year contract effective from 1 January 2025 in respect of development and support of the electronic trading portal for use by intermediaries and insurers in the general insurance market.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

9 active · 91 resigned

Name	Role	Appointed	Born	Nationality
BANGA, Vivek	Director	2019-04-30	Apr 1969	British
BRANNON, Mark Ronald	Director	2025-07-11	Mar 1985	Irish
DAVIES, Kathryn Louise	Director	2026-01-30	Jul 1982	British
GAMBRELL, Rebecca Dawn	Director	2024-01-30	Jun 1987	British
HENRY, John Derek	Director	2025-10-10	Dec 1974	British
HENRY, Rebecca Jane	Director	2025-11-04	Jul 1980	British
KTENIDIS, Alexander	Director	2024-07-09	Jan 1992	British
LIDSTER, Nicola Ann	Director	2025-10-10	Jun 1977	British
TOMBS, Paul	Director	2024-07-09	Jul 1979	British

Show 91 resigned officers

Name	Role	Appointed	Resigned
BERG, John Hilton	Secretary	1995-04-05	2006-07-17
JONES, Edward Graham	Secretary	1994-04-26	1994-11-30
MARTLEW, Helen Michelle	Secretary	1994-11-30	1995-04-05
AVIVA COMPANY SECRETARIAL SERVICES LIMITED	Corporate Secretary	2006-07-17	2024-10-08
COMBINED SECRETARIAL SERVICES LIMITED	Corporate Nominee Secretary	1994-03-22	1994-04-26
ABLETT, Timothy Andrew	Director	1995-04-05	2003-07-07
ADAMS, Alexander James Hugh	Director	1994-04-26	1998-01-27
BEVERIDGE, Andrew Henry	Director	2001-04-18	2002-10-11
BIRCH, David John	Director	2021-01-28	2025-06-30
BLANC, Amanda Jayne	Director	2004-01-21	2006-02-02
BOISSEAU, Francois-Xavier Bernard	Director	2015-01-20	2019-01-08
BOISSEAU, Francois-Xavier Bernard	Director	2004-01-21	2007-09-04
BREADNER, Donald George	Director	1994-06-29	1994-10-27
BROUGHTON, Stephen William	Director	1998-10-21	2002-09-27
BROUGHTON, Stephen William	Director	1994-04-26	1995-04-05
BRUCE, Catherine	Director	2006-02-02	2008-09-23
BRYANT, Helen Louise	Director	2019-01-08	2024-04-25
BUTLER, John	Director	1995-08-16	1998-10-21
CALDER, Colin John	Director	1999-08-02	2006-02-02
CALDER, Colin John	Director	1997-03-11	1998-07-28
CANHAM, Helen Louise	Director	2018-01-30	2019-04-30
CARRUTHERS, James Maxwell	Director	2011-12-20	2014-01-20
CHRISTER, Mark	Director	1999-07-06	2001-09-11
CLARKE, Adam James	Director	2013-03-19	2016-01-26
CLEVERLY, Angela	Director	2008-06-17	2011-05-31
CLIFF, Mark	Director	2007-06-08	2008-06-17
CONWAY, Harriet Alison	Director	2024-10-08	2026-05-01
COOTER, Simon	Director	2003-09-23	2007-06-08
CORNELL, Anthony Michael	Director	1997-04-30	1998-10-21
CORNELL, Anthony Michael	Director	1995-06-07	1995-12-05
DAWSON, John Phillip	Director	2017-02-20	2019-12-20
DILLEY, Alan William	Director	1995-12-05	1996-10-08
DRURY, David Benjamin	Director	2000-03-07	2002-05-21
DUCKER, Toby	Director	2018-05-01	2019-01-08
DUNCAN, Michael Bruce	Director	1995-01-06	1996-10-08
EATOCK, Jason	Director	2008-06-17	2016-10-25
EDWARDS, William	Director	2022-04-26	2024-10-08
ESKENAZI, Jem	Director	2007-06-08	2013-03-19
EVELEIGH, Robert	Director	1999-01-19	2000-03-07
FERGUSON, Ian Cunningham	Director	2014-10-14	2016-01-26
FLOWERS, Karen	Director	1994-10-24	1999-05-25
FLYNN, Robert Benjamin	Director	2020-01-28	2025-12-30
FRAZER, Duncan Mark	Director	2009-02-17	2010-10-21
GAIRNS, David Alan	Director	2007-06-08	2008-06-17
GAVAGHAN, Alan Patrick	Director	1998-06-19	2001-06-19
GILL, Thomas Daniel	Director	2014-10-14	2017-08-14
GIRLING, Adrian Brian	Director	1999-03-04	2000-03-07
GRATTIDGE, Jodi Amanda	Director	2011-03-08	2012-01-31
GRIEVE, Stephen Duncan	Director	2001-12-04	2004-07-05
GROSSCURTH, Tovah Leigh	Director	2025-04-25	2025-07-11
HALSTEAD, Andrew	Director	2010-09-07	2011-10-04
HANKS, Christopher Douglas	Director	2004-05-24	2013-06-18
HANNAN, Michael Clifford	Director	1998-01-27	1998-03-23
HAYES, Robert Bruce	Director	2003-09-23	2006-02-02
HECTOR, Keith Michael	Director	2008-12-16	2010-09-07
HEMMING, Gareth John	Director	2010-10-21	2013-04-08
HIRST, Paul Richard	Director	2016-07-05	2016-10-25
HOCKEY, David John Meyler	Director	2022-01-27	2024-01-30
HUGHES, Glyn Lloyd	Director	2022-04-26	2026-01-06
JOHN, David Richard	Director	2001-09-11	2003-09-23
JOHN, David Richard	Director	1995-06-07	1998-03-20
JOHNSON, Patrica	Director	2011-01-25	2019-04-30
JONES, Ceridwen Jane	Director	2007-06-08	2009-02-17
JONES, Gareth Austin	Director	2000-03-07	2003-07-07
KNEAFSEY, Tara Jane	Director	2011-05-31	2015-01-20
LEDGER, Robert Mark	Director	2015-04-21	2017-10-10
LEE-SMITH, Christopher	Director	2014-01-20	2017-02-20
LEE-SMITH, Christopher	Director	2011-01-25	2011-12-20
LESTER, Richard Charles	Director	2014-04-30	2019-01-08
LORETTO, Denis Crofton	Director	1998-06-19	1999-01-19
MACHELL, Simon Christopher	Director	1995-06-07	1998-07-28
MARKS, Bryan Robert	Director	1998-07-28	2007-06-08
MARTIN, David John	Director	2010-01-12	2019-01-08
MATRAS, Laurent Michel Robert	Director	2008-12-16	2013-03-19
MCGINN, Simon Cavendish	Director	2010-01-12	2022-04-26
MCINTOSH, Leslie Keith	Director	1995-06-07	1996-08-06
MCKENZIE, Neil	Director	1998-07-28	2000-06-28
MCLACHLAN, Martin Bonar	Director	1996-07-08	2019-04-30
MIDDLE, Anthony Edward	Director	2008-06-17	2008-12-16
MILES, Trevor	Director	1999-03-04	1999-09-28
MITCHELL, Jonathon Blackwood	Director	2014-01-20	2016-04-19
MORRELL, Jon Michael	Director	2000-06-28	2003-09-23
MORRELL, Jon Michael	Director	1995-07-20	1998-07-28
MORRIS, David Blyth	Director	2002-10-11	2003-09-23
MORRIS, David Blyth	Director	1999-07-06	2001-04-18
MORRIS, Keith John	Director	1996-07-02	1999-01-19
MORRIS, Keith William	Director	1994-09-07	1996-07-02
MOYLAN, Geoffrey	Director	2004-07-05	2010-01-12
MURRAY, David William	Director	1998-03-23	1998-10-21
NOAKES, James Adrian	Director	2006-02-02	2011-05-31
NOAKES, James Adrian	Director	2004-12-07	2005-08-01

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Aviva Insurance Uk Limited	Corporate entity	Shares 25–50%	2016-04-06	Active
Royal & Sun Alliance Insurance Plc	Corporate entity	Shares 25–50%	2016-04-06	Active

Filing timeline

Last 20 of 402 total filings

Date	Type	Category	Description
2026-05-07	TM01	officers	Termination director company with name termination date	PDF
2026-05-07	CH01	officers	Change person director company with change date	PDF
2026-02-05	AP01	officers	Appoint person director company with name date	PDF
2026-01-06	TM01	officers	Termination director company with name termination date	PDF
2025-12-30	TM01	officers	Termination director company with name termination date	PDF
2025-11-06	AP01	officers	Appoint person director company with name date	PDF
2025-10-13	AP01	officers	Appoint person director company with name date	PDF
2025-10-13	AP01	officers	Appoint person director company with name date	PDF
2025-08-05	AA	accounts	Accounts with accounts type full
2025-07-15	AP01	officers	Appoint person director company with name date	PDF
2025-07-15	TM01	officers	Termination director company with name termination date	PDF
2025-06-30	TM01	officers	Termination director company with name termination date	PDF
2025-05-12	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-04-29	AP01	officers	Appoint person director company with name date	PDF
2024-12-05	TM01	officers	Termination director company with name termination date	PDF
2024-10-15	TM02	officers	Termination secretary company with name termination date	PDF
2024-10-11	AP01	officers	Appoint person director company with name date	PDF
2024-10-08	TM01	officers	Termination director company with name termination date	PDF
2024-07-17	AA	accounts	Accounts with accounts type full
2024-07-10	AP01	officers	Appoint person director company with name date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 13
Capital events: 0
Officers appointed: 5
Officers resigned: 5

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

+7.4%

£8,163,506 £8,770,175
Cash

+33.3%

£3,835,515 £5,112,503
Net assets

+2.9%

£4,542,372 £4,675,362
Employees

-4.5%

22 21
Operating profit

-62.1%

£667,849 £253,378
Profit before tax

-51.6%

£710,487 £343,559
Wages

-1.3%

£1,818,871 £1,795,381

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page