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Vangate Ltd

03974964

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 9 BRENTON BUSINESS COMPLEX, BURY, BL9 7BE
Incorporated 17/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Joseph Smith

director · Since 18/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Persons with Significant Control

Mr Joseph Smith

75–100% shares

British · England · Age 57

Unit 9 Brenton Business Complex, Bury, BL9 7BE

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 03/04/2006Registered 13/04/2006Satisfied 28/10/2025
charge
satisfied

NORTHERN ROCK PLC

Created 12/06/2000Registered 16/06/2000Satisfied 28/10/2025

CompanyRankvs 161284+ SIC 68209 peers
42

Financial strength5th percentile among SIC peers · 1/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

Key FinancialsYear ending 30/04/2024

Net Worth

-£58k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£190k

Working capital

Current Assets

£5k

Current Liabilities

£195k

Fixed Assets

£201k

Debtors

£414

1avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£4k
20230.04-£216
20220.05-£154k
20210.03+£281
20200.05+£6k
20190.05+£26
20180.02

Derived from filed accounts. Not audited figures.