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Vanwise Group Limited

04907341

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

TREVIOT HOUSE, ILFORD, IG1 1LR
Incorporated 22/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr Declan Matthew O'Driscoll

director · Since 22/09/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 7 other boards

Persons with Significant Control

Mr Declan Matthew O'Driscoll

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 55

Treviot House, 186-192 High Road, Ilford, IG1 1LR

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 306+ SIC 45111 peers
60

Financial strength98th percentile among SIC peers · 25/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.31× · 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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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.

Employees13/15 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 director with respect to going con

Key FinancialsYear ending 31/03/2025

Turnover

£35.1M

Annual revenue

Net Worth

£8.0M

Balance sheet strength

Cash

£856k

Cash in the bank

Profit Before Tax

-£2.8M

Bottom line earnings

Net Current Assets

£3.7M

Working capital

Current Assets

£15.9M

Current Liabilities

£12.2M

Fixed Assets

£4.9M

Debtors

£7.2M

Cost of Sales

£32.4M

Gross Profit

£2.7M

Admin Expenses

£2.9M

Operating Profit

£54k

Profit After Tax

-£2.1M

16avg. employees-2

Tax at Year End

Corp tax£60k
Dividends paid£41k

People Costs

Wages & salaries£762k
NI contributions£81k

Balance Sheet

Intangible assets£53
Bank loans & overdrafts£100k
Assets less current liabilities£8.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.31-£2.2M
20231.62+£794k
20221.42+£4.7M
20211.92+£1.3M
20201.45+£503k
20191.38+£432k
20181.38

Derived from filed accounts. Not audited figures.