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Vectone Investment Holding Limited

05506602

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

LEVEL18,, LONDON, E14 5NR
Incorporated 12/07/2005

Compliance

Last accounts

24/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/09/2025

Due 30/09/2026

On track

Industry

61200
Wireless telecommunications activities

Officers

Mr Baskaran Allirajah

director · Since 26/12/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 61 other boards

Persons with Significant Control

Mr Baskaran Allirajah

Significant control

British · England · Age 59

Level18,, 40 Bank Street, London, E14 5NR

Notified 15/09/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 07/01/2021Registered 13/01/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 04/01/2010Registered 08/01/2010Satisfied 25/10/2011

CompanyRankvs 1491+ SIC 61200 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.61× · 20/20
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 strength0/25 pts

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

Employees2/15 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

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

Except for the matter described in the basis for qualified opinion section, we have determined that there are no key audit matters to be communicated in our report. Material uncertainty relating to going concern We draw attention to note of going concern in the financial statements, which indicates that the group has incurred a net loss of £ 5 45,233 before taxation (20 2 3: £ 5,306,989) and has

Key FinancialsYear ending 24/12/2024

Net Worth

-£23.6M

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£4.9M

Current Liabilities

£1.1M

Fixed Assets

£202k

Debtors

£4.9M

Cost of Sales

£97k

Admin Expenses

£2.3M

Profit After Tax

£238k

0avg. employees-186

People Costs

Wages & salaries£1.2M

Balance Sheet

Intangible assets£36k
Bank loans & overdrafts£450k
Assets less current liabilities£3.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.61
20210.65
20200.61+£447k
20190.63

Derived from filed accounts. Not audited figures.