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Virik Consulting Ltd

07355493

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

CORNERBLOCK, BIRMINGHAM, B3 2DX
Incorporated 24/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Satvinder Bhagwan Singh

director · Since 24/08/2010

ACTUARY

MALAYSIAN · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Satvinder Bhagwan Singh

75–100% shares

Malaysian · England · Age 50

Cornerblock, 2 Cornwall Street, Birmingham, B3 2DX

Notified 24/08/2016

CompanyRankvs 15+ SIC 70221 peers
50

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 24.14× · 20/20
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 strength0/25 pts

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

Employees0/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2023

Net Worth

£1.2M

Balance sheet strength

Cash

£424k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.2M

Current Liabilities

£50k

Fixed Assets

£1k

Debtors

£779k

1avg. employees

Tax at Year End

Corp tax£40k
VAT£7k

Director Loans

Directors owe company£190k

Balance Sheet

Assets less current liabilities£1.2M
Signed by Mr Satvinder Singh 18/04/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202324.14+£145k£147k
202225.64+£22k£131k
202122.68+£93k£113k
202017.63+£148k£224k
201924.65+£46k£165k
201833.43£204k

Derived from filed accounts. Not audited figures.