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Vedachem Limited

07000889

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

4 HILLFIELD CLOSE, HARROW, HA2 6BA
Incorporated 26/08/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Chandubhai Revabhai Patel

secretary · Since 26/08/2009

RETIRED

BRITISH · Age 91

Also on 1 other board

Mrs Jayshree Ajit Patel

director · Since 26/08/2009

BUSINESSWOMAN

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Mr Chandubhai Revabhai Chandubhai

director · Since 01/09/2022

RETIRED

BRITISH · ENGLAND · Age 91

Persons with Significant Control

Mrs Jayshree Ajit Patel

75–100% shares

British · England · Age 70

4, Hillfield Close, Harrow, HA2 6BA

Notified 26/08/2016

CompanyRankvs 2048+ SIC 47730 peers
65

Financial strength61th percentile among SIC peers · 15/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

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

£61k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£135k

Current Liabilities

£73k

1avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.84+£28k
20231.22
20220.95
20211.01
20201.15

Derived from filed accounts. Not audited figures.