POLYTECK BUILDING SERVICES LIMITED

Active
Company number 05498728Private limited companyIncorporated 2005

Key figures

£3,053,720-50.3%
Net assets 2024
-12.9%
Average annual change 2020–2024
02 m4 m6 m8 m202020212022/232024

Ratios

2024

Sector comparison

SIC 43210

Where the company stands among the 50,368 active companies whose first SIC code is 43210 (Electrical installation).

Turnover£42,020,025
Higher than 91% · median £157,592 among 712 that publish turnover
Net assets£3,053,720
Higher than 99% · median £12,613
Total assets£14,124,224
Higher than 99% · median £46,323
Cash£6,914
Lower than 68% · median £20,471
Employees166
Higher than 99% · median 1
Company age21.4 years
Older than 90% · median 6.2 years
Largest in this sector by net assets
  1. SLOUGH ELECTRICITY CONTRACTS LIMITED£85.3m
  2. EVEXIA LIFECARE AFRICA LIMITED£70.4m
  3. AXIS CLC SOLUTIONS LIMITED£69.8m
  4. UK POWER NETWORKS SERVICES (COMMERCIAL) LIMITED£65.5m
  5. DALKIA GROUP LIMITED£56.7m
  6. BRITISH GAS NEW HEATING LIMITED£56.6m
  7. OSPREY CHARGING NETWORK LTD£56.4m
  8. ALTRAD SERVICES LIMITED£50.9m
  9. TCLARKE CONTRACTING LIMITED£42.5m
  10. LARASIAN LIMITED£40.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 50,368. The line on each bar marks the median.

Summary: POLYTECK BUILDING SERVICES LIMITED

What kind of company is it?

POLYTECK BUILDING SERVICES LIMITED is a private limited company registered with Companies House under company number 05498728. It was incorporated on 4 Jul 2005. Its status is active. The registered office is in London (E1). Its nature of business (SIC 2007) is electrical installation (43210), plumbing, heat and air-conditioning installation (43220), other building completion and finishing (43390), combined facilities support activities (81100).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files medium company accounts. Turnover was £42,020,025. Profit for the year was £1,833,698. Net assets were £3,053,720, down 50.3% on the previous year. Cash at bank and in hand was £6,914. The company had an average of 166 employees. Figures are available for 4 financial years (2020–2024).

How does it compare with similar companies?

Compared with 50,368 active companies whose first SIC code is 43210: By turnover it ranks higher than 91% of the 712 that publish turnover (median £157,592). By net assets it ranks higher than 99% of them (median £12,613). By total assets it ranks higher than 99% of them (median £46,323). By cash it ranks lower than 68% of them (median £20,471). By number of employees it ranks higher than 99% of them (median 1). It is older than 90% of them (median age 6.2 years).

Does it supply the public sector?

The company is named as a supplier in 16 public contract award notices from 15 public sector buyers since 2016. Contracts awarded to it alone have a combined published value of £178.5m. Its most frequent buyer is Procurement for Housing (2 contracts). 9 of the awards are shared with other suppliers, typically framework agreements.

Who runs and controls the company?

The company has 2 current directors. One person with significant control is registered. 1 of 4 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 29 Dec 2026. The next confirmation statement is due by 27 Mar 2027.

Dividends

from the accounts
2024

Dividends paid in the financial year: £4,928,414 (269% of the profit for the year).

History
2024£4,928,414
2021£300,000
2020£60,000
Filed accounts2020–2024
202020212022/232024
Turnover13,464,53820,905,96236,180,92242,020,025
Profit for the year314,165534,9701,290,4301,833,698
Cash at bank and in hand5,9661,734202,1196,914
Total assets9,947,59411,399,01313,616,34514,124,224
Total liabilities5,243,689———
Net assets / total equity4,623,0364,858,0066,148,4363,053,720
Average number of employees114116116166
Average pay (per year)41,83545,912—74,062
Dividends paid60,000300,000—4,928,414

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2024

The principal activities of the company continued to be that of facilities management, property development and general building contractor.

As described in the company's latest filed accounts.

Public contracts

16 contracts

POLYTECK BUILDING SERVICES LIMITED is named as a supplier in 16 public contract award notices from 15 public sector buyers since 2016. The 6 contracts awarded to it alone with a published value add up to £178.5m. 9 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers15
Procurement for Housing
2 contracts
NHMF (NPC) LIMITED
1 contract · £150m
Peabody Trust
1 contract · £24.6m
RICHMOND HOUSING PARTNERSHIP LIMITED
1 contract · £1.9m
capitalEsourcing
1 contract · £1.3m
Contracts
  1. Property WorksPLACES FOR PEOPLE GROUP LIMITED · shared by 34 suppliers · 3 lots
  2. PfH - Responsive Repairs, Disrepair Works and Void Services‡Procurement for Housing · shared by 26 suppliers, up to £50,000,000 in total · runs until Jul 2029
  3. Kelway House - Decorations‡The Guinness Partnership · £72,876
  4. DLO Support Contract Services‡Peabody Trust · £24,600,000
  5. NHMF Frameworx Planned Maintenance, Net Zero carbon and Passive Fire Safety Works Framework Agreements Version 8 2025NHMF (NPC) LIMITED · £150,000,000
Show 11 more
  1. 2324-0017 General Build Repairs and Maintenance Works‡Islington Council
  2. Second Source Responsive Repairs - PlumbingcapitalEsourcing · £1,332,559 · runs until Feb 2028
  3. Kitchen & Bathroom replacement program 2024/25RICHMOND HOUSING PARTNERSHIP LIMITED · £1,877,632 · runs until Oct 2028
  4. Procurement for Housing: Planned Works FrameworkProcurement for Housing · shared by 67 suppliers · runs until Jul 2028
  5. Supply of kitchens‡Lancaster City Council · shared by 19 suppliers, up to £25,000,000 in total
  6. CHIC KITCHENS AND BATHROOMS FRAMEWORK 2024-28‡Communities and Housing Investment Consortium Limited · shared by 31 suppliers, up to £90,000,000 in total · 2 lots
  7. Fusion21 Building Improvements Framework‡Fusion21 Members Consortium · shared by 10 suppliers, up to £141,000,000 in total · 3 lots
  8. Guinness Property Contractor Frameworks 1 - Responsive Repairs 2 - Empty Homes‡The Guinness Partnership Ltd · £600,000 · 2 lots
  9. Void Works and Property Maintenance‡BRENT HOUSING PARTNERSHIP · shared by 2 suppliers, up to £26,300 in total
  10. Responsive Repairs, Maintenance and Minor/Improvement Works Frameworks‡FAMILY MOSAIC HOUSING · shared by 5 suppliers, up to £32,500,000 in total
  11. Energy Efficiency and Refurbishment (N7 — WS2/3 Framework)‡LHC · shared by 35 suppliers, up to £1,400,000,000 in total

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

History

21 events
  1. Financial year 2024 endedAccounts: turnover £42m, net assets £3.1m, 166 employees
  2. Costantinos POLYCARPOU appointedDirector
  3. Strata Property Holdings Ltd registered as a person with significant control
  4. Mrs Maria Zenonos Polycarpou ceased to be a person with significant control
  5. Mr Yiannakis Polycarpou ceased to be a person with significant control
  6. Financial year 2022/23 endedAccounts: turnover £36.2m, net assets £6.1m, 116 employees
  7. Mrs Maria Zenonos Polycarpou registered as a person with significant control
  8. Mr George John Polycarpou ceased to be a person with significant control
Earlier events (13)
  1. Financial year 2021 endedAccounts: turnover £20.9m, net assets £4.9m, 116 employees
  2. Financial year 2020 endedAccounts: turnover £13.5m, net assets £4.6m, 114 employees
  3. George John POLYCARPOU resignedDirector
  4. Costantinos POLYCARPOU resignedDirector
  5. Mr George John Polycarpou registered as a person with significant control
  6. Mr Costantinos Polycarpou ceased to be a person with significant control
  7. George John POLYCARPOU appointedDirector
  8. Mr Yiannakis Polycarpou registered as a person with significant control
  9. Mr Costantinos Polycarpou registered as a person with significant control
  10. Lefki POLYCARPOU appointedSecretary
  11. Yiannakis Georgiou POLYCARPOU appointedDirector
  12. Costantinos POLYCARPOU appointedDirector
  13. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.