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Vear Building Services Limited

03048253

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
56 / 100

Notable Risks

30/30
Filing
10/30
Financial
16/40
Risk
  • Negative net worth (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

SUITE CCA, MORGAN'S YARD SHEPHERDS ROAD, SOUTHAMPTON, SO40 2LH
Incorporated 21/04/1995

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/04/2026

Due 05/05/2027

On track

Industry

43290
Other construction installation

Officers

Mr Timothy Cyril Waters

director · Since 14/03/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Vear Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Suite Cca, Morgan's Yard, Shepherds Road, Southampton, SO40 2LH

Reg: 03711141 · Companies House · Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

ANTHONY DAVID FROST

Created 19/02/2019Registered 23/02/2019
charge
satisfied

BARCLAYS BANK PLC

Created 09/08/2010Registered 17/08/2010Satisfied 04/03/2019
charge
outstanding

VEAR HOLDINGS LIMITED

Created 26/11/2003Registered 06/12/2003
charge
satisfied

BARCLAYS BANK PLC

Created 06/07/2000Registered 13/07/2000Satisfied 04/03/2019

Insolvency History1 case

corporate voluntary arrangement

Gordon John Johnston (practitioner) · Shane Biddlecombe (practitioner)

CompanyRankvs 16002+ SIC 43290 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

-£83k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£27k

Current Liabilities

£112k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities-£81k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24+£13k
20230.11-£99k
20210.86+£0
20200.92+£0
20191.05+£0
20190.99

Derived from filed accounts. Not audited figures.