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Vitka Ltd

07395708

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

WELLAND WORKSPACE, SPALDING, PE11 1QD
Incorporated 04/10/2010

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

49410
Freight transport by road

Officers

Mr Arunas Vitkauskas

director · Since 04/10/2010

DRIVER

LITHUANIAN · ENGLAND · Age 57

Persons with Significant Control

Mr Arunas Vitkauskas

75–100% shares

Lithuanian · England · Age 57

Welland Workspace, 10 Pinchbeck Road, Spalding, PE11 1QD

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 03/02/2017Registered 07/02/2017

CompanyRankvs 14632+ SIC 49410 peers
52

Financial strength68th percentile among SIC peers · 17/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.67× · 6/20
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 strength17/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

£7k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£987

Working capital

Current Assets

£175k

Current Liabilities

£261k

Fixed Assets

£57k

Debtors

£161k

2avg. employees

Balance Sheet

Assets less current liabilities£56k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.67-£18k
20230.82+£104k
20220.56-£89k
20210.77-£97k
20201.02-£110k
20191.32+£205k
20180.48

Derived from filed accounts. Not audited figures.