Vassallo Associates (Uk) Ltd.
05678935
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 14/05/2019
Persons with Significant Control
Dr John Bugeja
Maltese · Malta · Age 42
39 La Vie, Triq Is-Sienja, Attard
Notified 14/05/2019
Former PSCs
Mrs Marilyn Irene Hall
Ceased 14/05/2019
Mr David George Hall
Ceased 14/05/2019
CompanyRankvs 45558+ SIC 62090 peers35
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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 31/03/2025
Net Worth
-£234k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£234k
Working capital
Current Assets
£23k
Current Liabilities
£257k
Fixed Assets
£213
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.09 | -£24k |
| 2024 | 0.18 | +£13k |
| 2023 | 0.16 | +£35k |
| 2022 | 0.13 | -£99k |
| 2021 | 0.20 | -£99k |
| 2020 | 0.49 | -£210k |
| 2019 | 6.00 | — |
Derived from filed accounts. Not audited figures.