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Kings Lynn V.E. Limited

03575133

active
Private Limited Company
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 04/06/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Abbeyfield Ve Limited

secretary · Since 04/06/1998

BRITISH

Also on 505 other boards

Abbeyfield Ve Limited

director · Since 04/06/1998

BRITISH

Also on 505 other boards

Beejal Patel

director · Since 27/07/2004

OPTOMETRIST

BRITISH · ENGLAND · Age 51

Dipun Shah

director · Since 27/07/2004

OPTICIAN

BRITISH · UNITED KINGDOM · Age 51

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

ABBEYFIELD VE LIMITED

Created 04/10/2004Registered 14/10/2004

CompanyRankvs 4184+ SIC 96090 peers
61

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.24× · 12/20
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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4184Kings Lynn V.E. Limited
81
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.

Liquidity12/20 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

£303k

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

£305k

Bottom line earnings

Net Current Assets

£125k

Working capital

Current Assets

£641k

Current Liabilities

£516k

Fixed Assets

£180k

Debtors

£92k

Admin Expenses

£1.2M

Profit After Tax

£247k

15avg. employees-1

Tax at Year End

Corp tax£45k
Dividends paid£160k

People Costs

Wages & salaries£581k

Balance Sheet

Intangible assets£53k
Assets less current liabilities£305k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.24+£16k
20231.17+£87k
20220.93-£72k
20211.05+£20k
20201.04+£115k
20190.66—

Derived from filed accounts. Not audited figures.