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Victory Lighting (Uk) Limited

02602874

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O SOBELL RHODES LLP THE KINETIC CENTRE, ELSTREE, BOREHAMWOOD, WD6 4PJ
Incorporated 18/04/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27400
Manufacture of electric lighting equipment

Officers

Mr. Alan Penman

director · Since 01/05/1991

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 2 other boards

Jacqueline Penman

secretary · Since 21/07/1991

TRAINING OFFICER

BRITISH · Age 64

Also on 1 other board

Mrs Jacqueline Penman

director · Since 25/07/1994

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Mr Jordan Penman

director · Since 28/08/2018

LOGISTICS MANAGER

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Matthew Joseph Tyler Penman

director · Since 28/08/2018

GENERAL MANAGER

BRITISH · UNITED KINGDOM · Age 36

Mr Toby Waller

director · Since 18/11/2021

SALES MANAGER

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Mr Alan Penman

25–50% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 75

Unit 10, Chartmoor Road, Leighton Buzzard, LU7 4WG

Notified 06/04/2016

Mr Matthew Joseph Tyler Penman

25–50% shares
25–50% votes

British · United Kingdom · Age 36

Unit 10 Chartmoor Road, Leighton Buzzard, LU7 4WG

Notified 04/03/2024

Former PSCs

Mrs Jacqueline Penman

Ceased 04/03/2024

Charges1 outstanding

charge
outstanding

DARRYL MARK MURPHY GRAHAM JOHN MCMULLEN JUSTIN DAVID HILL AND ROBIN MALCOLM JEST (TRUSTEES OF T

Created 09/04/2009Registered 25/04/2009
charge
satisfied

HSBC BANK PLC

Created 03/04/2000Registered 05/04/2000Satisfied 16/04/2005
charge
satisfied

HSBC BANK PLC

Created 13/03/2000Registered 29/03/2000Satisfied 16/09/2021
charge
satisfied

GRIFFIN FACTORS LIMITED

Created 04/03/1994Registered 18/03/1994Satisfied 20/05/2006
charge
satisfied

MIDLAND BANK PLC

Created 19/08/1993Registered 25/08/1993Satisfied 16/09/2021

CompanyRankvs 12+ SIC 27400 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.64× · 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.

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

at least 12 months from the date these financial statements have been approved. On the basis of the above, the directors are of the opinion that there is no material uncertainty relating to going concern and therefore it is appropriate to prepare these financial statements on a going concern basis. VICTORY LIGHTING (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE

Key FinancialsYear ending 31/10/2024

Net Worth

£7.3M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Net Current Assets

£5.7M

Working capital

Current Assets

£6.7M

Current Liabilities

£1.0M

Fixed Assets

£1.9M

Debtors

£3.5M

17avg. employees+1

Tax at Year End

Corp tax£95k

Balance Sheet

Intangible assets£100k
Assets less current liabilities£7.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20246.64-£28k
20235.55-£9k
20226.17+£198k
20214.90

Derived from filed accounts. Not audited figures.