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Visual Precision Limited

03065416

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

2 SYCAMORE TREE ELMHURST BUSINESS PARK, LICHFIELD, WS13 8EX
Incorporated 07/06/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Susan-Marie Cotton

secretary · Since 07/06/1995

BRITISH · Age 66

Mr Graham Malcolm Cotton

director · Since 07/06/1995

QUANTITY SURVEYOR

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Mr Graham Malcolm Cotton

50–75% shares

British · United Kingdom · Age 67

2 Sycamore Tree Elmhurst Business Park, Park Lane Elmhurst, Lichfield, WS13 8EX

Notified 06/07/2016

CompanyRankvs 4389+ SIC 62012 peers
77

Financial strength97th percentile among SIC peers · 24/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.19× · 20/20
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 strength24/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 28/10/2024

Net Worth

£951k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£944k

Working capital

Current Assets

£1.4M

Current Liabilities

£430k

Fixed Assets

£6k

0avg. employees-5

Balance Sheet

Assets less current liabilities£951k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.19-£12k
20232.85+£100k
20222.78+£187k
20212.45+£22k
20202.42+£47k
20192.48+£71k
20182.19

Derived from filed accounts. Not audited figures.