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Vip-Polymers Limited

04256307

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

15 WINDOVER ROAD, HUNTINGDON, PE29 7EB
Incorporated 20/07/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22190
Manufacture of other rubber products

Officers

Mr Leszek Richard Litwinowicz

director · Since 12/02/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 7 other boards

Mr Trevor Middleton

director · Since 12/02/2002

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 23 other boards

Mr John Stewart Duncan Millar Acma

director · Since 14/12/2005

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 7 other boards

Mr John Stewart Duncan Millar

secretary · Since 03/10/2019

Persons with Significant Control

Mr Jonathon David Grove

25–50% shares
25–50% votes

British · England · Age 44

Forward House, 17 High Street, Henley-In-Arden, B95 5AA

Notified 03/05/2018

Mr Simon Leslie Grove

25–50% shares
25–50% votes

British · United Kingdom · Age 43

Forward House, 17 High Street, Henley-In-Arden, B95 5AA

Notified 03/05/2018

Former PSCs

David Grove Discretionary Will Trust

Ceased 03/05/2018

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

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Charge
satisfied

BARCLAYS BANK PLC

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Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 20/12/2019Registered 24/12/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 24/09/2019Registered 02/10/2019Satisfied 04/05/2020
charge
satisfied

HSBC ASSET FINANCE (UK) LTD HSBC EQUIPMENT FINANCE (UK) LTD

Created 27/04/2012Registered 28/04/2012Satisfied 14/12/2017
charge
satisfied

LETCHWORTH GARDEN CITY HERITAGE FOUNDATION

Created 16/09/2009Registered 24/09/2009Satisfied 19/08/2015
charge
satisfied

BARCLAYS BANK PLC

Created 18/06/2003Registered 21/06/2003Satisfied 25/04/2012
charge
satisfied

BARCLAYS BANK PLC

Created 12/02/2002Registered 04/03/2002Satisfied 04/05/2020
charge
satisfied

BARCLAYS BANK PLC

Created 12/02/2002Registered 01/03/2002Satisfied 25/04/2012
charge
satisfied

LYNWED PIPE SYSTEMS LIMITED

Created 12/02/2002Registered 19/02/2002Satisfied 17/01/2006
charge
satisfied

CLOSE INVESTMENT PARTNERS LIMITED

Created 12/02/2002Registered 19/02/2002Satisfied 09/02/2012

CompanyRankvs 1390+ SIC 22190 peers
56

Financial strength76th percentile among SIC peers · 19/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.03× · 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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139Vip-Polymers Limited
76
How is this score calculated?
Financial strength19/25 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 going co

Key FinancialsYear ending 28/06/2025

Turnover

£14.1M

Annual revenue

Net Worth

£684k

Balance sheet strength

Cash

£19k

Cash in the bank

Profit Before Tax

-£160k

Bottom line earnings

Net Current Assets

£160k

Working capital

Current Assets

£6.0M

Current Liabilities

£5.8M

Fixed Assets

£1.6M

Debtors

£3.9M

Operating Profit

£168k

Profit After Tax

-£160k

102avg. employees-8

People Costs

Wages & salaries£3.3M
NI contributions£362k

Balance Sheet

Bank loans & overdrafts£550k
Depreciation£487k
Assets less current liabilities£1.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.03-£160k
20240.93—

Derived from filed accounts. Not audited figures.