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Vital Transport Solutions (Vts) Ltd

07462882

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

SPEAR HOUSE, BURNTWOOD, WS7 3GL
Incorporated 07/12/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Richard Michael Lavender

director · Since 01/06/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Richard Michael Lavender

25–50% shares

British · England · Age 50

Spear House, Cobbett Road, Burntwood, WS7 3GL

Notified 01/12/2016

CompanyRankvs 2144+ SIC 49410 peers
84

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.51× · 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 strength24/25 pts

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

Employees14/15 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 31/12/2024

Net Worth

£755k

Balance sheet strength

Cash

£814k

Cash in the bank

Net Current Assets

£366k

Working capital

Current Assets

£1.1M

Current Liabilities

£712k

Fixed Assets

£400k

Debtors

£265k

7avg. employees

Tax at Year End

Corp tax£202k

Director Loans

Company owes directors£105k

Balance Sheet

Assets less current liabilities£767k
Signed by Mr Richard Lavender 06/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.51+£0
20241.51+£484k
20230.81-£47k
20220.77+£303k
20210.13-£29k£445k
20201.34-£9k£445k
20191.24-£6k£330k
20181.23£995k

Derived from filed accounts. Not audited figures.