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Vision Drivers Business Associates Ltd

04274103

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
60 / 100

Some Concerns

30/30
Filing
10/30
Financial
20/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 21/08/2001

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/08/2025

Due 26/08/2026

On track

Industry

68320
Management of real estate on a fee or contract basis
69201
Accounting and auditing activities
70221
Financial management
70229
Management consultancy activities

Officers

Mrs Olabiyi Adewumi

secretary · Since 21/08/2001

RECRUITMENT OFFICER

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Mr Adegbemiga Oluwatundemilade Adewumi

director · Since 21/08/2001

ACCOUNTANT

BRITISH · ENGLAND · Age 58

Mrs Olabiyi Adewumi

director · Since 21/08/2001

RECRUITMENT OFFICER

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Adegbemiga Oluwatundemilade Adewumi

50–75% shares

British · United Kingdom · Age 58

71-75, Shelton Street, London, WC2H 9JQ

Notified 01/06/2016

Insolvency History1 case

corporate voluntary arrangement

Ian Michael Rose (practitioner)

CompanyRankvs 6584+ SIC 68320 peers
64

Financial strength61th percentile among SIC peers · 15/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 17.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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6584Vision Drivers Business Associates Ltd
74
How is this score calculated?
Financial strength15/25 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.

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£13k

Current Liabilities

£757

Fixed Assets

£154

1avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202417.59-£1k
20233.42—
20213.49—
20202.43-£909
20191.12-£106
20181.20—

Derived from filed accounts. Not audited figures.