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V & C (Sw) Limited

07837695

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

17 SARON CLOSE, SWANSEA, SA4 4FB
Incorporated 07/11/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43310
Plastering

Officers

Mr Vincent Paul Mccormick

director · Since 07/11/2011

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Mrs Julie Lisa Mccormick

director · Since 23/04/2012

ADMINISTRATION

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mr Mark Russell

director · Since 31/03/2014

COMPANY DIRECTOR

BRITISH · WALES · Age 54

Persons with Significant Control

Mrs Julie Lisa Mccormick

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 51

17 Saron Close, Gorseinon, Swansea, SA4 4FB

Notified 06/04/2016

Mr Vincent Paul Mccormick

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 57

17 Saron Close, Gorseinon, Swansea, SA4 4FB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

ULTIMATE INVOICE FINANCE LIMITED

Created 01/09/2016Registered 02/09/2016
charge
satisfied

BIBBY FINANCIAL SERVICES LTD. (AS SECURITY TRUSTEE)

Created 09/03/2012Registered 10/03/2012Satisfied 15/03/2017

CompanyRankvs 81+ SIC 43310 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.04× · 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.

Employees15/15 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 31/01/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£182k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.1M

Current Liabilities

£1.0M

Fixed Assets

£352k

Debtors

£1.9M

68avg. employees-1

Tax at Year End

Corp tax£36k

Balance Sheet

Bank loans & overdrafts£104k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.04-£166k
20242.02+£166k
20232.07+£446k
20221.77-£48k
20211.77-£66k
20201.88+£109k
20191.83

Derived from filed accounts. Not audited figures.