V1 Engineering Limited
06433241
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/11/2007
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 1 other board
Persons with Significant Control
Mr Vincent Thomas Hitchen
British · England · Age 69
95b, Wheatley Road, Halifax, HX3 5AA
Notified 10/04/2016
CompanyRankvs 65+ SIC 24100 peers81
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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
£304k
Balance sheet strength
Cash
£207k
Cash in the bank
Net Current Assets
£239k
Working capital
Current Assets
£354k
Current Liabilities
£115k
Fixed Assets
£86k
Debtors
£147k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.09 | +£18k |
| 2024 | 3.29 | -£21k |
| 2023 | 3.49 | -£29k |
| 2022 | 4.19 | -£32k |
| 2021 | 4.87 | — |
Derived from filed accounts. Not audited figures.