POLYGONUM LIMITED
Company number 01318345 · Monitor this company
Executive summary
Polygonum Limited occupies a fragile niche position within the UK branded merchandise sector, characterised by chronic balance sheet insolvency persisting for at least six years with net liabilities of £79,102. While the company has demonstrated incremental improvement in its net asset position and benefits from a lean cost structure with only 3 employees, its declining cash reserves, minimal equity base, and ongoing creditor dependency place it well below typical sector benchmarks for financial health. The recent resignation of co-director Richard John Hillyer further concentrates governance risk, and the company's long-term viability remains contingent on continued creditor forbearance and the maintenance of existing client relationships in an increasingly consolidated market.
Shareholders' funds
-£79,202
Balance sheet as at 2023-12-31
What it does
supply of branded gifts
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1977-06-22
- Employees
- 3 (2025 accounts)
- Registered office
- 3 Sunfield Business Park New Mill Road, Finchampstead, Wokingham, England, RG40 4QT
- Postcode
- RG40 4QT
- Capital
- 100 GBP
- Accounts category
- Micro
- Charges
- 5 outstanding
Accounts
- Last made up to
- 2025-05-31
- Next due by
- 2027-02-28
- Financial year end
- 31 May
Confirmation statement
- Last statement dated
- 2026-02-02
- Next due by
- 2027-02-16
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 2 current · 8 resigned
Contact details
- Website
- http://www.polygonum.co.uk
Previous registered addresses 4
| Address | Changed on |
|---|---|
| 2 WELLINGTON BUSINESS PARK, DUKES RIDE, CROWTHORNE, BERKSHIRE, RG45 6LS | 2015-06-22 |
| CRANFORD HOUSE, 57A LOWER ROAD, CHINNOR, OXON OX9 4DU | 2004-08-02 |
| HALIFAX HOUSE, OAKLEY ROAD, CHINNOR, OXON OX9 4JW | 1988-02-10 |
| WILLOW PLACE, OLD ORCHARD, HENTON, OXON OX9 4AL | 1986-06-24 |
Among its peers
Among the biggest employers
of 1,061 similar companies in RG, with 3 staff. Among the oldest 25% of its local peers.
Competitors Reading
This company ranks 1402 among other business support service activities not elsewhere classified in Reading.
The class of 1977
51%
of the 7,313 companies incorporated in 1977 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.