Back to search

Vxi Power Limited

04615501

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

14 LONDON ROAD, NEWARK, NG24 1TW
Incorporated 12/12/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components
27900
Manufacture of other electrical equipment

Officers

Mr Timothy Mccann

secretary · Since 12/12/2002

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Grant Howard Ashley

director · Since 12/12/2002

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Timothy Mccann

director · Since 12/12/2002

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Persons with Significant Control

Mr Grant Howard Ashley

25–50% shares
25–50% votes

British · England · Age 65

14, London Road, Newark, NG24 1TW

Notified 06/04/2016

Mr Timothy Mccann

25–50% shares
25–50% votes

British · England · Age 65

14, London Road, Newark, NG24 1TW

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 13/05/2010Registered 18/05/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/03/2010Registered 27/03/2010
charge
satisfied

BARCLAYS BANK PLC

Created 16/09/2003Registered 24/09/2003Satisfied 02/06/2010
charge
satisfied

BULGIN POWER SOURCE PLC (IN CREDITORS' VOLUNTARY LIQUIDATION)

Created 30/06/2003Registered 05/07/2003Satisfied 31/01/2004

CompanyRankvs 298+ SIC 26110 peers
63

Financial strength67th percentile among SIC peers · 17/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength17/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£107k

Balance sheet strength

Cash

£62

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£754k

Current Liabilities

£737k

Fixed Assets

£394k

Debtors

£312k

22avg. employees+3

Balance Sheet

Bank loans & overdrafts£71k
Assets less current liabilities£410k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.02-£76k
20241.22-£34k
20231.33+£82k
20221.43-£5k
20211.57-£58k
20201.26+£29k
20191.22

Derived from filed accounts. Not audited figures.