POLAR WELL SERVICES LTD
Company number SC770556 · Monitor this company
Executive summary
Polar Well Services Ltd is an early-stage private limited company with a modest but declining net asset base and working capital. Liquidity is currently supported by director loans, raising some concerns about sustainability. Conditional credit approval is recommended with close monitoring of cash flow, profitability, and financial stability as the business develops operational history.
Shareholders' funds
£4,315
Balance sheet as at 2026-04-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2023-05-24
- Employees
- 1 (2026 accounts)
- Registered office
- 12 Traill Drive, Montrose, Angus, Scotland, DD10 8SW
- Postcode
- DD10 8SW
- Capital
- 2 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-04-30
- Next due by
- 2028-01-31
- Financial year end
- 30 April
Confirmation statement
- Last statement dated
- 2026-05-23
- Next due by
- 2027-06-06
Nature of business (SIC)
- 9100 Support activities for petroleum and natural gas mining
Officers 1 current
Keith John SWANKIE
Director
Competitors Dundee
This company ranks 133 among support activities for petroleum and natural gas mining in Dundee.