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Vatbox Limited

08638194

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

30 OLD BAILEY, LONDON, EC4M 7AU
Incorporated 05/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Jonathan David Lavi

director · Since 01/07/2024

CEO

ISRAELI · ISRAEL · Age 51

Mr Mark Duncan Stirling

director · Since 01/07/2024

CEO

BRITISH · ENGLAND · Age 53

Charges2 outstanding

Charge
outstanding

SILICON VALLEY BANK

Created 04/12/2019Registered 19/12/2019
Charge
outstanding

SILICON VALLEY BANK

Created 04/12/2019Registered 19/12/2019

CompanyRankvs 6559+ SIC 62090 peers
67

Financial strength93th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 31/12/2022

Net Worth

£281k

Balance sheet strength

Cash

£113k

Cash in the bank

Net Current Assets

£253k

Working capital

Current Assets

£1.1M

Current Liabilities

£859k

Fixed Assets

£29k

Debtors

£999k

5avg. employees+2

Tax at Year End

Corp tax£16k

Balance Sheet

Assets less current liabilities£282k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20221.29+£72k
20211.16
20201.04
20191.08
20181.09

Derived from filed accounts. Not audited figures.