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Vital Telcom Ltd

04203640

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

34 THIRD AVENUE, WALTHAM ABBEY, EN9 2AP
Incorporated 23/04/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Patrick James Grice

director · Since 01/06/2021

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 67

Also on 12 other boards

Persons with Significant Control

Mr Paddy James Grice

Significant control

British · England · Age 67

34, Third Avenue, Waltham Abbey, EN9 2AP

Notified 20/08/2021

Former PSCs

Mr Neil Richard Ekins

Ceased 11/08/2021

Charges1 outstanding

Charge
outstanding

VOIP CAPITAL INTERNATIONAL

Created 04/04/2014Registered 11/04/2014

CompanyRankvs 6541+ SIC 61900 peers
28

Financial strength4th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.12× · 2/20
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.

Employees5/15 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.

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 31/10/2024

Net Worth

-£63k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£50k

Working capital

Current Assets

£7k

Current Liabilities

£57k

Fixed Assets

£3k

Debtors

£9k

1avg. employees-1

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities-£47k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£31k
20230.71-£22k
20221.29-£7k
20211.58+£50
20200.84-£9k
20191.04-£5k
20181.11

Derived from filed accounts. Not audited figures.