POLARIS VISION SYSTEMS EU LIMITED
Company number SC352689 · Monitor this company
Executive summary
Polaris Vision Systems EU Limited is the high-growth European subsidiary of Lithuanian optics leader Yukon Advanced Optics Worldwide, with net assets surging 1,296% between 2013-2014 to £1.69M, reflecting rapid market penetration in thermal imaging and night vision systems. The company's strategic value lies in its EU-based manufacturing and distribution capability, positioning it to capture growing defence and security spend, though significant risks around debtor concentration (59% of assets), Belarusian beneficial ownership exposure under evolving sanctions regimes, and operational scaling challenges require immediate management attention. The path forward demands governance restructuring for compliance assurance and working capital optimization to convert balance sheet strength into sustainable competitive advantage.
Shareholders' funds
£1,693,766
Balance sheet as at 2014-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2008-12-18
- Registered office
- Block 5, Helix Building Kelvin Campus, West Of Scotland Science Park, Glasgow, Scotland, G20 0SP
- Postcode
- G20 0SP
- Capital
- 10,000 GBP
- Accounts category
- Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-12-28
- Next due by
- 2027-01-11
Nature of business (SIC)
- 32990 Other manufacturing not elsewhere classified
- 46900 Non-specialised wholesale trade
- 82990 Other business support service activities not elsewhere classified
Officers 3 current · 7 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA818547 (Tier 2), registered since 2020.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 6
| Address | Changed on |
|---|---|
| TRINITY HOUSE 31 LYNEDOCH STREET, GLASGOW, G3 6EF | 2016-12-13 |
| TRINITY HOUSE 31 LYNEDOCH STREET, GLASGOW, G3 6AA | 2015-12-14 |
| 49/50 BAYHEAD, STORNOWAY, WESTERN ISLES, HS1 2DZ, UNITED KINGDOM | 2013-04-25 |
| ST ANDREW'S HOUSE, 385 HILLINGTON ROAD, GLASGOW, STRATHCLYDE, G52 4BL | 2010-02-25 |
| UNIT 44 WALNEUK ROAD, GREEN LAW INDUSTRIAL ESTATE, PAISLEY, PA3 4BT | 2009-10-02 |
| GISTERED OFFICE CHANGED ON 02/10/2009 FROM, UNIT 44 WALNEUK ROAD, GREEN LAW INDUSTRIAL ESTATE, PAISLEY, PA3 4BT | 2009-10-02 |
Among its peers
Top 10%
by shareholders' funds, of 177 similar companies in G
Trading since 2008.
No.10 of the largest other manufacturing not elsewhere classified companies in Glasgow →
Competitors Glasgow
This company ranks 10 among other manufacturing not elsewhere classified in Glasgow.
The class of 2008
36%
of the 842 companies in this sector incorporated in 2008 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.