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Vapourlites Limited

07771025

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

4 WHITWORTH ROAD, PETERLEE, SR8 2LY
Incorporated 12/09/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26400
Manufacture of consumer electronics

Officers

Mr John Benjamin Quinney

director · Since 12/09/2011

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Persons with Significant Control

Tomorrow Holdings Ltd

75–100% shares
75–100% votes

4, Whitworth Road, Peterlee, SR8 2LY

Reg: 16584361 · England And Wales · Private Company Limited By Shares

Notified 15/07/2025

Former PSCs

Mr John Benjamin Quinney

Ceased 15/07/2025

Mr Charles David Bloom

Ceased 29/05/2020

Charges2 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 14/02/2017Registered 17/02/2017Satisfied 01/02/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 03/09/2015Registered 12/09/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 20/07/2015Registered 27/07/2015

CompanyRankvs 16+ SIC 26400 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.88× · 20/20
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 strength25/25 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.

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.

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 30/09/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£274k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.4M

Current Liabilities

£411k

Fixed Assets

£498k

Debtors

£1.9M

Profit After Tax

£838k

8avg. employees+1

Tax at Year End

Corp tax£195k
Dividends paid£27k

Balance Sheet

Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.88-£266k
20246.76+£811k
20234.94+£936k
20221.97+£248k
20212.13+£174k
20201.40-£456k
20193.00+£120k
20182.24

Derived from filed accounts. Not audited figures.