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Vortex Distribution Limited

06500688

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

3 ACORN BUSINESS CENTRE, PORTSMOUTH, PO6 3TH
Incorporated 12/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Darren James Waters

director · Since 09/04/2008

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 7 other boards

Persons with Significant Control

Tamgostair Holdings Limited

75–100% shares
75–100% votes
Appoint directors

3, Acorn Business Centre, Portsmouth, PO6 3TH

Reg: 09415715 · Companies House · Limited

Notified 06/04/2016

Former PSCs

Mr Darren James Waters

Ceased 19/02/2020

Charges2 outstanding

charge
outstanding

D C HOLLOWAY, G B HOGG, M HISCOCK AND D M GALLAWAY

Created 11/06/2010Registered 16/06/2010
charge
outstanding

LLOYDS TSB BANK PLC

Created 20/03/2009Registered 26/03/2009

CompanyRankvs 1417+ SIC 47789 peers
66

Financial strength96th percentile among SIC peers · 24/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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

Outstanding charges: -10 pts

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

£1.2M

Balance sheet strength

Cash

£206k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.9M

Current Liabilities

£884k

Fixed Assets

£368k

Debtors

£983k

0avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.14+£0
20252.14-£1.0M
20244.44+£40k
20235.19-£62k
20223.16+£556k
20213.34+£552k
20203.51+£246k
20192.44

Derived from filed accounts. Not audited figures.