Vital Transport Solutions (Vts) Ltd
07462882
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 02/10/2025
Due 16/10/2026
Industry
Officers
director · Since 01/06/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 2 other boards
Former
director · Resigned 27/04/2012
director · Resigned 01/06/2017
Persons with Significant Control
Mr Richard Michael Lavender
British · England · Age 51
Spear House, Cobbett Road, Burntwood, WS7 3GL
Notified 01/12/2016
Change History
Active
Private Limited Company
SPEAR HOUSE
BURNTWOOD
CompanyRankvs 2113+ SIC 49410 peers84
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.51 | +£0 |
| 2024 | 1.51 | +£484k |
| 2023 | 0.81 | — |
Derived from filed accounts. Not audited figures.