POLARISX LTD

Executive Summary

Polarisx Ltd is an early-stage micro-entity with negative net assets and working capital deficits, reflecting typical startup financial fragility. The company currently lacks the financial strength and liquidity to support credit facilities, warranting a decline decision at this stage. Close monitoring of operational progress, cash flow improvement, and capital support is advised before reconsideration.

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Financials
Year ending
2024-04-30
Total net assets
£-1.67k
Total liabilities
£-3.55k
Total assets
£1.88k

Annual accounts

Financial Year Ending
3 January 2025

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30 April 2024

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