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Vica Power Limited

03445284

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SECOND FLOOR, WEST WING, BIRMINGHAM, B15 3AA
Incorporated 06/10/1997

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

27110
Manufacture of electric motors, generators and transformers
46900
Non-specialised wholesale trade

Officers

Mr Li Zhang

director · Since 07/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 9 other boards

Mr Weiqun Liu

director · Since 26/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 8 other boards

Persons with Significant Control

Mr Weiqun Liu

25–50% shares
25–50% votes

British · England · Age 65

Second Floor, West Wing, 10 Harborne Road, Birmingham, B15 3AA

Notified 05/07/2017

Mrs Ningyun Chen

25–50% shares
25–50% votes

British · England · Age 66

10, Harborne Road, Birmingham, B15 3AA

Notified 01/11/2022

Former PSCs

Mr Li Zhang

Ceased 01/11/2022

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 16/02/1999Registered 23/02/1999

CompanyRankvs 224+ SIC 27110 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.6× · 6/20
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 strength1/25 pts

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

Employees10/15 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

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

-£234k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£219k

Working capital

Current Assets

£329k

Current Liabilities

£548k

Debtors

£77k

2avg. employees

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities-£219k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.60+£0
20250.60-£17k
20230.66-£40k
20210.66-£14k
20200.64+£0
20190.64-£24k
20180.68

Derived from filed accounts. Not audited figures.