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Vear M & E Services Limited

03112316

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4 OLD FARM COURT, SOUTHAMPTON, SO16 0AJ
Incorporated 10/10/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation

Officers

Mr James Rodney Child

director · Since 06/01/2009

M&E CONTRACTOR

BRITISH · UNITED KINGDOM · Age 49

Mr Russell David Cameron

director · Since 07/11/2022

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr James Rodney Child

75–100% shares
75–100% votes

British · United Kingdom · Age 49

Unit 4, Old Farm Court, Southampton, SO16 0AJ

Notified 12/02/2019

Former PSCs

Vear Holdings Limited

Ceased 12/02/2019

Charges1 outstanding

Charge
satisfied

BEF BSC LTD

Created 06/10/2020Registered 07/10/2020Satisfied 12/03/2025
Charge
outstanding

JAMES RODNEY CHILD

Created 20/02/2019Registered 23/02/2019
charge
satisfied

BARCLAYS BANK PLC

Created 09/08/2010Registered 17/08/2010Satisfied 13/02/2019

CompanyRankvs 331+ SIC 43210 peers
79

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.13× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£413k

Balance sheet strength

Cash

£163k

Cash in the bank

Net Current Assets

£668k

Working capital

Current Assets

£1.3M

Current Liabilities

£592k

Fixed Assets

£29k

Debtors

£778k

19avg. employees

Balance Sheet

Bank loans & overdrafts£54k
Assets less current liabilities£697k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20252.13-£24k
20241.83+£146k
20231.26+£51k
20221.22+£12k
20211.40+£111k
20201.18+£280k
20190.85

Derived from filed accounts. Not audited figures.