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Lichfield V.E. Limited

03202286

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MERE WAY RUDDINGTON FIELDS BUSINESS PARK, NOTTINGHAM, NG11 6NZ
Incorporated 22/05/1996

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/05/2026

Due 05/06/2027

On track

Industry

96090
Other personal service activities

Officers

Susan Sanghera

director · Since 20/03/1997

OPTICIAN

BRITISH · UNITED KINGDOM · Age 62

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

Parvinder Mehta

director · Since 31/03/2001

OPTOMETRIST

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Abbeyfield V.E. Limited

25–50% shares
25–50% votes

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

Reg: 03104285 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

VISION EXPRESS (UK) LIMITED

Created 17/07/1997Registered 18/07/1997
charge
satisfied

VISION EXPRESS (UK) LTD

Created 01/09/1996Registered 04/09/1996Satisfied 22/03/1997

CompanyRankvs 15964+ SIC 96090 peers
54

Financial strength91th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.73× · 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 strength23/25 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.

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

£150k

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

£108k

Bottom line earnings

Net Current Assets

-£138k

Working capital

Current Assets

£367k

Current Liabilities

£505k

Fixed Assets

£323k

Debtors

£63k

Admin Expenses

£818k

Profit After Tax

£122k

14avg. employees+1

Tax at Year End

Corp tax£0
Dividends paid£110k

People Costs

Wages & salaries£404k

Balance Sheet

Assets less current liabilities£185k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£64k
20231.29+£12k
20221.15-£14k
20211.13-£4k
20201.13+£42k
20190.93

Derived from filed accounts. Not audited figures.