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Vacu-Lug Industrial Tyres Limited

01986003

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

GONERBY ROAD, GRANTHAM, NG31 8HF
Incorporated 05/02/1986

Compliance

Last accounts

31/12/2025

dormant

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 13/10/2025

Due 27/10/2026

On track

Industry

22110
Manufacture of rubber tyres and tubes

Officers

Mr Harjeev Singh Kandhari

director · Since 17/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 14 other boards

Persons with Significant Control

Mr Harjeev Singh Kandhari

75–100% shares

British · England · Age 51

Gonerby Road, Grantham, NG31 8HF

Notified 20/04/2023

Former PSCs

Vaculug Limited

Ceased 01/10/2020

Mrs Diana Jean Parker

Ceased 27/06/2018

Mr Harjeev Singh Kandhari

Ceased 14/10/2020

Mrs Manika Kaur Kandhari

Ceased 20/04/2023

Charges0 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 21/07/1986Registered 07/08/1986Satisfied 24/02/1995

CompanyRankvs 45+ SIC 22110 peers
55

Financial strength28th percentile among SIC peers · 7/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.05× · 12/20
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 strength7/25 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.

Liquidity12/20 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 31/12/2025

Net Worth

£2

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2

Working capital

Current Assets

£42

Current Liabilities

£40

1avg. employees

Balance Sheet

Assets less current liabilities£2
Signed by Mr Harjeev Kandhari 16 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.05
20241.05
20231.05
20221.05

Derived from filed accounts. Not audited figures.