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Torquay V.E. Limited

03193675

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

MERE WAY RUDDINGTON FIELDS BUSINESS PARK, NOTTINGHAM, NG11 6NZ
Incorporated 02/05/1996

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

96090
Other personal service activities

Officers

Abbeyfield Ve Limited

director · Since 10/06/1996

BRITISH

Also on 505 other boards

Abbeyfield Ve Limited

secretary · Since 02/12/1998

BRITISH

Also on 505 other boards

Mr Philip Martin Hyde

director · Since 01/10/2017

HEAD OF CENTRAL RETAIL OPS

BRITISH · UNITED KINGDOM · Age 60

Also on 49 other boards

Mrs Samantha Collman

director · Since 25/02/2021

STORE DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Abbeyfield V.E. Limited

50–75% shares
50–75% votes

Vision Express, Mere Way, Ruddington Fields Business Park, Nottingham, NG11 6NZ

Reg: 03104285 · Companies House · Limited Company

Notified 06/04/2016

Mrs Samantha Collman

25–50% shares
25–50% votes

British · England · Age 37

Mere Way, Ruddington Fields Business Park, Nottingham, NG11 6NZ

Notified 25/02/2021

Charges3 outstanding

charge
outstanding

ABBEYFIELD VE LIMITED

Created 16/02/2006Registered 16/02/2006
charge
outstanding

ABBEYFIELD VE LIMITED

Created 12/05/2005Registered 14/05/2005
charge
outstanding

VISION EXPRESS (U.K.) LIMITED

Created 06/06/1997Registered 10/06/1997

CompanyRankvs 297670+ SIC 96090 peers
52

Financial strength88th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1× · 6/20
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 strength22/25 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.

Liquidity6/20 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

£98k

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£64k

Bottom line earnings

Net Current Assets

-£1k

Working capital

Current Assets

£319k

Current Liabilities

£320k

Fixed Assets

£102k

Debtors

£55k

Admin Expenses

£702k

Profit After Tax

£18k

11avg. employees+1

Tax at Year End

Corp tax£10k
Dividends paid£55k

People Costs

Wages & salaries£362k

Balance Sheet

Assets less current liabilities£101k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00-£8k
20230.91+£18k
20220.86+£26k
20210.82-£78k
20201.29+£111k
20190.80

Derived from filed accounts. Not audited figures.