Vietec Limited
05537445
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/08/2005
SALES MANAGER
BRITISH · ENGLAND · Age 57
Also on 4 other boards
Persons with Significant Control
Mr Philip John Drew
British · England · Age 57
182, Worcester Road, Bromsgrove, B61 7AZ
Notified 31/07/2016
Charges0 outstanding
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 4820+ SIC 62011 peers85
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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 31/08/2024
Net Worth
£458k
Balance sheet strength
Cash
£148k
Cash in the bank
Net Current Assets
£417k
Working capital
Current Assets
£837k
Current Liabilities
£420k
Fixed Assets
£66k
Debtors
£685k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.99 | +£110k | — |
| 2023 | 2.08 | -£117k | — |
| 2022 | 2.10 | -£144k | — |
| 2021 | 2.35 | -£75k | £724k |
| 2020 | 2.79 | +£152k | £1.4M |
| 2019 | 2.51 | +£87k | £844k |
| 2018 | 2.35 | — | £121k |
Derived from filed accounts. Not audited figures.