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Vestatec (U.K.) Limited

02172112

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

ASH & LACY HOUSE, SMETHWICK, B66 2RL
Incorporated 30/09/1987

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/04/2026

Due 22/04/2027

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr David Graham Wright

director · Since 14/08/2018

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Miss Emily Evans

director · Since 31/03/2025

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 5 other boards

Mr Jonathan Leslie Evans

director · Since 31/03/2025

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr David Bruce Nock

director · Since 31/03/2025

SALES & MARKETING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Mr Andrew David Waterhouse

director · Since 31/03/2025

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 10 other boards

Persons with Significant Control

Ash & Lacy Automotive Holdings Limited

75–100% shares
75–100% votes

Ash & Lacy House, Alma Street, Smethwick, B66 2RL

Reg: 13552947 · Companies House · Private Limited Company

Notified 31/03/2025

Former PSCs

Mr Michael Peter Bylina

Ceased 09/10/2017

Mr Lee Grant Clarke

Ceased 09/10/2017

Mr Robert Joseph Drake

Ceased 09/10/2017

Ram Investments Limited

Ceased 31/03/2025

Charges4 outstanding

Charge
outstanding

ASH & LACY GROUP LIMITED (AS SECURITY TRUSTEE)

Created 01/09/2025Registered 09/09/2025
Charge
outstanding

HSBC UK BANK PLC

Created 14/04/2025Registered 16/04/2025
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 01/04/2025Registered 02/04/2025
Charge
outstanding

HSBC UK BANK PLC

Created 31/03/2025Registered 31/03/2025
charge
satisfied

AIB GROUP (UK) PLC

Created 01/03/2006Registered 02/03/2006Satisfied 02/05/2014
charge
satisfied

BERWIND INDUSTRIES LLC

Created 30/01/2001Registered 14/02/2001Satisfied 09/11/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/07/1995Registered 10/08/1995Satisfied 02/01/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/03/1990Registered 09/04/1990Satisfied 02/01/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/10/1989Registered 23/10/1989Satisfied 01/03/2001
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/07/1989Registered 10/07/1989Satisfied 15/08/2007

CompanyRankvs 19+ SIC 29320 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees14/15 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 going concern are d

Key FinancialsYear ending 31/12/2022

Turnover

£12.8M

Annual revenue

Net Worth

£5.7M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£5.3M

Working capital

Current Assets

£7.4M

Current Liabilities

£2.1M

Fixed Assets

£1.7M

Debtors

£3.8M

Cost of Sales

£8.6M

Gross Profit

£4.1M

Admin Expenses

£2.9M

Operating Profit

£1.2M

Profit After Tax

£1.1M

32avg. employees+2

Tax at Year End

Dividends paid£1.2M

People Costs

Wages & salaries£1.3M
NI contributions£151k

Balance Sheet

Assets less current liabilities£7.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20223.46-£108k
20212.63+£818k
20204.10

Derived from filed accounts. Not audited figures.