Vectone Network Limited
08693390
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
25/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/06/2025
Due 15/06/2026
Industry
Officers
director · Since 15/12/2020
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 61 other boards
Persons with Significant Control
Mr Baskaran Allirajah
British · England · Age 59
Level18,, 40 Bank Street, London, E14 5NR
Notified 16/09/2016
Vectone Investment Holding Ltd
Level 18, 40, Bank Street, London, E14 5NR
Reg: 05506602 · England And Wales · Limited Company
Notified 27/02/2025
CompanyRankvs 2430+ SIC 61200 peers27
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the directors are aware of certain material uncertainties which may cause doubt on the company’s ability to continue as a going concern due to the company’s historical performance and congoing losses. As a result, the parent company has agreed to provide continuing financial support to the company, for at least twelve months after th
Key FinancialsYear ending 25/12/2024
Net Worth
£1
Balance sheet strength
Cash
£930
Cash in the bank
Net Current Assets
-£281k
Working capital
Current Assets
£138k
Current Liabilities
£419k
Debtors
£84k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.33 | — |
| 2021 | 1.27 | — |
| 2020 | 6.14 | +£106k |
| 2019 | 6.43 | — |
Derived from filed accounts. Not audited figures.