Vat Systems Limited
05282525
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 19/06/2025
Due 03/07/2026
Industry
Officers
director · Since 13/05/2019
COMPANY DIRECTOR
AMERICAN · UNITED STATES · Age 62
Also on 14 other boards
director · Since 31/05/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 1 other board
director · Since 06/01/2025
EXECUTIVE
BRITISH · UNITED KINGDOM · Age 44
Also on 11 other boards
director · Since 25/02/2025
DIRECTOR OF TAX CONSULTANCY
PORTUGUESE · PORTUGAL · Age 40
Persons with Significant Control
Mr George Brinton Ryan
American · United States · Age 62
100, Liverpool Street, London, EC2M 2AT
Notified 11/12/2018
Former PSCs
Mr Andreas Kozanitis
Ceased 11/12/2018
CompanyRankvs 168310+ SIC 64999 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£1k
Balance sheet strength
Cash
£429k
Cash in the bank
Net Current Assets
-£132k
Working capital
Current Assets
£702k
Current Liabilities
£834k
Debtors
£273k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.84 | — |
| 2023 | 1.03 | — |
| 2021 | 6.94 | -£162k |
| 2020 | 1.61 | +£235k |
| 2019 | 17.72 | +£84k |
| 2018 | 1.45 | — |
Derived from filed accounts. Not audited figures.