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Volante Limited

01589517

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

50 COX LANE, CHESSINGTON, KT9 1TW
Incorporated 06/10/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46760
Wholesale of other intermediate products

Officers

Mr Keith Michael Ball

secretary · Since 27/03/1995

ENGLISH · ENGLAND · Age 57

Also on 16 other boards

Mr Nicholas Charles Clegg Treasure

director · Since 01/06/2005

SALES DIRECTOR

ENGLISH · ENGLAND · Age 62

Also on 3 other boards

Mr David Evans

director · Since 01/07/2015

OPERATIONS DIRECTOR

ENGLISH · ENGLAND · Age 57

Also on 2 other boards

Mrs Clair Elizabeth Foster

director · Since 01/02/2023

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Brookvale Ltd

75–100% shares

The Lodge, Leek Road, Stoke-On-Trent, ST9 9HQ

Reg: 01751661 · England · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 17/06/2016Registered 23/06/2016
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/08/2012Registered 24/08/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/02/2005Registered 10/02/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/04/1985Registered 15/04/1985

CompanyRankvs 3800+ SIC 46760 peers
61

Financial strength99th percentile among SIC peers · 25/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees6/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£9.6M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

£726k

Bottom line earnings

Net Current Assets

£9.9M

Working capital

Current Assets

£12.5M

Current Liabilities

£2.6M

Fixed Assets

£390k

Debtors

£7.0M

Admin Expenses

£1.2M

Profit After Tax

£726k

1avg. employees-53

Tax at Year End

Corp tax£0
Dividends paid£750k

People Costs

Wages & salaries£2.2M

Balance Sheet

Assets less current liabilities£10.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.77+£626k
20243.71-£363k
20234.35+£139k
20223.81+£216k
20214.13+£203k
20205.88

Derived from filed accounts. Not audited figures.