Target status: ✓
Upload date: 12/02/2019
Last updated on: 09/10/2020
Who are the important people in the company?
• Mrs Sukhwinder Talwar
Correspondence address: Peel House, Peel Street, Northam, Southampton, SO14 5QT
Date of birth: February 1960
Nationality: British
Country of residence: England
Occupation: Director
Nature of control: Ownership of shares – More than 25% but not more than 50%
Ownership of voting rights – More than 25% but not more than 50%
• Mr Jasbir Talwar
Correspondence address: Peel House, Peel Street, Northam, Southampton, SO14 5QT
Date of birth: November 1955
Nationality: British
Country of residence: England
Occupation: Director
Nature of control: Ownership of shares – More than 25% but not more than 50%
Ownership of voting rights – More than 25% but not more than 50%
• Mr Suchin Talwar
Correspondence address: Peel House, Peel Street, Northam, Southampton, SO14 5QT
Date of birth: December 1979
Nationality: British
Country of residence:England
Occupation: Sales Director
Nature of control: Ownership of shares – More than 25% but not more than 50%
Ownership of voting rights – More than 25% but not more than 50%
• Mrs Sukhwinder Talwar
Correspondence address: Peel House, Peel Street, Northam, Southampton, SO14 5QT
Date of birth: October 1992
Nationality: British
Country of residence: England
Occupation: Director
• Rebecca Talwar
Correspondence address: Peel House, Peel Street, Northam, Southampton, SO14 5QT
Date of birth: September 1985
Nationality: British
Country of residence: England
Occupation: Director
What is the structure of the company?
• Statement of Capital (Share Capital)
Class of Shares: ORDINARY
Currency: GBP
Number Allotted: 3500
Aggregate nominal value: 3500
Amount paid per share: 1
Amount unpaid per share: 0
• Statement of Capital (Share Capital)
Class of Shares: ORDINARY A
Currency: GBP
Number Allotted: 3500
Aggregate nominal value: 3500
Amount paid per share: 1
Amount unpaid per share: 0
• Statement of Capital (Share Capital)
Class of Shares: ORDINARY B
Currency: GBP
Number Allotted: 2500
Aggregate nominal value: 2500
Amount paid per share: 1
Amount unpaid per share: 0
• Statement of Capital (Share Capital)
Class of Shares: ORDINARY C
Currency: GBP
Number Allotted: 500
Aggregate nominal value: 500
Amount paid per share: 1
Amount unpaid per share: 0
• Statement of Capital (Total)
Currency: GBP
Total Number of shares: 10000
Total Aggregate nominal value: 10000
• Full Details of Shareholders
Shareholding 1: 3500 A ORDINARY shares held as at the date of this return
Name: SUKHWINDER TALWAR
Shareholding 2: 3500 ORDINARY shares held as at the date of this return
Name: JASBIR TALWAR
Shareholding 3: 2500 B ORDINARY shares held as at the date of this return
Name: SUCHIN TALWAR
Shareholding 4: 500 C ORDINARY shares held as at the date of this return
Name: REBECCA TALWAR
What is the prospect’s strategy and ambitions?
Strategy
• Despite operating within a highly competitive environment, the company remains focussed on key existing markets and has also developed a string robust pipeline of new accounts that will be enhance the profile of the current customer base moving forward. As they have also now gained BRC/IOP accreditation they will also continue to focus their efforts in developing new opportunities within the food and drink sector
• Polestar places a similar importance on its green credentials as it does its financial performance and as a result has focussed on minimising not only its own carbon footprint but also that of our clients through education and consultation. This continued commitment to green film technology and technical film manufacture will ensure that it continues on its path as one of the UK’s fastest growing polythene manufacturers.
• The company has continued to invest in 4 new state of the art extrusion lines for 2019, which will also aid the ability to target clients who will benefit from technical multi-layer films. This will be in film on a roll, conversion and even printed opportunities
Ambitions
• Polystar’s mission is to continue to exceed our customers’ expectations with service, value creation and quality
Who are the prospect's customers?
• They currently work with both SME and large blue-chip companies throughout the UK and mainland Europe.
• They are also specialist polythene suppliers for a wide range of industries, so wherever their customers are based, in whichever sector, they have experience in their area.
Customer reviews
N/A
What does the prospect consider important for its customers?
• Value creation and quality
• Eco-friendly practices
Who are the prospect's staff?
The average monthly number of employees (including directors) during 2019 amounted to 177 (2018: 170 / 2017: 143).
Administration: 28
Factory wages: 145
Directors: 4
Wages and salaries: £ 4,937,659 (2018: £ 4,475,434)
Social Security costs: £ 480,774 (2018: £ 392,683)
Cost of defined contribution scheme: £ 104,779 (2018: £ 74,171)
Employee Reviews
Repressive
Business Development Manager (Former Employee) – Southampton – 30 July 2019
If you want a mind numbing, unrewarding job run like its in the 70’s this is the place for you.
There is no trust, motivation or a common goal.
Directors seem to dislike their staff and most definitely show no respect to anyone.
Pros
None
Cons
Directors
What are the prospect’s unique selling points (USPs)?
• They produce almost any form of polythene packaging
• One of the largest UK independent manufacturers, with a wealth of resource and management expertise
• As one of the UK’s leading polythene suppliers and manufacturers, their extensive product range meets the packaging requirements of a wide variety of companies and industries.
• They are focussed on green packaging solutions and dedicated to enhancing their product offering, that will have a positive environmental impact.
• They have developed a range of eco-friendly plastic and polythene bags as part of a continuous drive for improved environmental responsibility.
What are the prospect’s business activities and potentials?
Locations
Polystar Plastics Limited
Peel House,
Peel Street
Northam
Southampton
SO14 5QT
Social Media
Published articles and awards
Awards
N/A
Accredited by:
- ARCA (Asbestos Removal Contractors Association – Site Audit Accreditation)
- BPF ( British Plastics Federation)
- BRC Accredited (Brand Reputation through Compliance)
Who are the prospect’s competitors?
Competitors List
Criterion: Demographic criteria
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