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Vsm Abrasives Limited

00558460

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5 JOPLIN COURT, MILTON KEYNES, MK8 0JP
Incorporated 09/12/1955

Compliance

Last accounts

31/12/2025

small

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 06/11/2025

Due 20/11/2026

On track

Industry

23910
Production of abrasive products

Officers

Mr Brian Harrison

director · Since 04/03/2011

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Brian Harrison

secretary · Since 24/04/2018

Also on 2 other boards

Mr Thomas Dittmayer

director · Since 01/01/2024

SALES DIRECTOR WESTERN EUROPE

GERMAN · GERMANY · Age 59

Persons with Significant Control

Mr Brian Harrison

Significant control
significant-influence-or-control-as-firm

British · England · Age 64

Unit 5, Joplin Court, Milton Keynes, MK8 0JP

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/07/1992Registered 31/07/1992Satisfied 29/07/2009

CompanyRankvs 15+ SIC 23910 peers
81

Financial strength77th percentile among SIC peers · 19/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£462k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.9M

Current Liabilities

£658k

Fixed Assets

£5k

Debtors

£759k

10avg. employees+2

Tax at Year End

Corp tax£68k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.94+£40k
20222.65+£92k
20212.49+£71k
20202.15

Derived from filed accounts. Not audited figures.