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Vector Power Solutions Limited

04539562

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

THE AXIS BUILDING MAINGATE, KINGSWAY NORTH, GATESHEAD, NE11 0NQ
Incorporated 19/09/2002

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/06/2025

Due 10/07/2026

On track

Industry

62090
Other information technology service activities
71122
Engineering related scientific and technical consulting activities

Officers

Mr Kenneth George Chapman Bsc Hons

director · Since 09/10/2002

ENGINEER

BRITISH · UNITED KINGDOM · Age 76

Also on 3 other boards

Mr Paul Joseph Hindle Bsc Hons

director · Since 01/02/2003

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 69

Mr Kenneth George Chapman Bsc Hons

secretary · Since 01/06/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 3 other boards

Mr Keith Allan

director · Since 16/02/2010

NONE

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

June Chapman

director · Since 16/02/2010

NONE

BRITISH · UNITED KINGDOM · Age 77

Maria Rita Hindle

director · Since 16/02/2010

NONE

BRITISH · UNITED KINGDOM · Age 71

Persons with Significant Control

Mr Kenneth Chapman

25–50% shares
25–50% votes

British · England · Age 76

The Axis Building, Maingate, Kingsway North, Gateshead, NE11 0NQ

Notified 06/04/2016

Mr Paul Joseph Hindle

25–50% shares
25–50% votes

British · England · Age 69

The Axis Building, Maingate, Kingsway North, Gateshead, NE11 0NQ

Notified 06/04/2016

Former PSCs

Mr Adrian Newbould

Ceased 12/12/2017

CompanyRankvs 421+ SIC 62090 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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421Vector Power Solutions Limited
89
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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.

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

£1.5M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.8M

Current Liabilities

£350k

Fixed Assets

£19k

Debtors

£307k

8avg. employees+1

Balance Sheet

Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.24+£159k
20235.97-£10k
20226.50-£102k
202115.48—

Derived from filed accounts. Not audited figures.