Polar Technology Management Group Limited
Registered name: POLAR TECHNOLOGY MANAGEMENT GROUP LIMITED
Part of Polar Technology Buyer Ltd groupPolar Technology Management Group Limited made £28.2m revenue and a £1.2m loss in the year to 31 Dec 2025. read from filing text
Polar Technology Management Group Limited’s revenue fell 7% to £28.2m in the year to 31 Dec 2025, with a loss of £1.2m and 231 employees. The company is classified under “engineering design activities for industrial process and production” and is based in Eynsham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Eynsham, South East
- Age
- 14 yrs · since 2011
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Throughout the current year”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £28m | £30.4m | £28.2m |
| Cost of sales | £14.4m | £18.3m | £20.4m | £18.1m |
| Gross profit | — | £9.7m | £10m | £10.1m |
| Operating profit | — | £1.5m | £1.7m | £216k |
| Profit before tax | — | £352k | £466k | −£1.5m |
| Profit after tax | −£3.7m | £488k | £729k | −£1.2m |
| Profit (best available) | −£3.7m | £488k | £729k | −£1.2m |
| Staff costs | £8.3m | £10m | £10.6m | £10.8m |
| Employees (average) | 219 | 233 | 264 | 231 |
| Ratios | ||||
| Profit margin | — | 1.7% | 2.4% | −4.4% |
| Gross margin | — | 34.6% | 32.9% | 35.7% |
| Revenue per employee | — | £120k | £115k | £122k |
| Profit per employee | −£17k | £2.1k | £2.8k | −£5.4k |
| Cash conversion | — | −282.7% | −354.1% | −2071% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲8.6% | ▼7.2% |
| Profit growth | — | — | ▲49.4% | ▼271.1% |
| Headcount growth | — | ▲6.4% | ▲13.3% | ▼12.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £914k | £419k | £79.7k | £556k |
| Net assets | −£4.7m | −£4.2m | −£3.5m | −£6.8m |
| Fixed assets | £10.5m | £11.5m | £14.6m | £14m |
| Current assets | £18.3m | £14.2m | £12.5m | £14.7m |
| Debtors | £4.5m | £4.3m | £3.3m | £5.9m |
| Deferred income | £408k | £116k | £87.1k | £58k |
| Cash from operations | −£1.3m | −£4.2m | −£6m | −£4.5m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −4.4%
- Profit ÷ revenue.
- Gross margin
- 35.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £122k
- Revenue ÷ average employees.
- Profit per employee
- −£5.4k
- Profit ÷ average employees.
- Cash conversion
- −2071%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 49.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£6.8m
- Cash at bank
- ▲597%
- Now £556k
- Headcount
- ▼13%
- Now 231
- Deferred income
- ▼33%
- Now £58k
- Fixed assets
- ▼4%
- Now £14m
Group structure
Ownership chain
- Polar Technology Buyer Ltdultimate parent75–100%
- Polar Technology Holdings Limited75–100%
- Polar Technology Management Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Horizon Engineering LimitedFigures not disclosed
- Lentus Composites LimitedRev. — · Profit −£4.1m
- Polar Venture Management LimitedFigures not disclosed
- SST Technology LimitedRev. — · Profit −£1.7m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.