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Worthing V.E. Limited

03109722

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MERE WAY RUDDINGTON FIELDS BUSINESS PARK, NOTTINGHAM, NG11 6NZ
Incorporated 03/10/1995

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

96090
Other personal service activities

Officers

Abbeyfield Ve Limited

secretary · Since 02/12/1998

BRITISH

Also on 505 other boards

Abbeyfield Ve Limited

director · Since 02/12/1998

BRITISH

Also on 505 other boards

Mr Robert William Gage

director · Since 02/01/2007

DISPENSING OPTICIAN

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Peter George Georgiou

director · Since 02/01/2007

OPTOMETRIST

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Former PSCs

Abbeyfield Ve Limited

Ceased 06/04/2016

Mr Peter George Georgiou

Ceased 06/04/2016

Mr Robert William Gage

Ceased 06/04/2016

Charges1 outstanding

charge
outstanding

VISION EXPRESS (UK) LTD

Created 01/09/1996Registered 04/09/1996

CompanyRankvs 4146+ SIC 96090 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.64× · 16/20
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 strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

Key FinancialsYear ending 31/12/2024

Net Worth

£289k

Balance sheet strength

Cash

£8k

Cash in the bank

Profit Before Tax

£377k

Bottom line earnings

Net Current Assets

£240k

Working capital

Current Assets

£614k

Current Liabilities

£374k

Fixed Assets

£50k

Debtors

£97k

Admin Expenses

£1.2M

Profit After Tax

£298k

17avg. employees+1

Tax at Year End

Corp tax£43k
Dividends paid£320k

People Costs

Wages & salaries£631k

Balance Sheet

Assets less current liabilities£290k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.64+£52k
20231.65-£22k
20221.71+£71k
20211.30+£112k
20200.84+£29k
20190.66

Derived from filed accounts. Not audited figures.