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Hitchin V.E. Limited

08941074

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MERE WAY RUDDINGTON FIELDS BUSINESS PARK, NOTTINGHAM, NG11 6NZ
Incorporated 17/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Abbeyfield V.E. Limited

secretary · Since 17/03/2014

BRITISH

Also on 223 other boards

Abbeyfield V.E. Limited

director · Since 17/03/2014

BRITISH

Also on 223 other boards

Mr Ashit Shah

director · Since 17/03/2014

OPTOMETRIST

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mrs Shital Shah

director · Since 17/03/2014

OPTOMETRIST

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Abbeyfield V.E. Limited

25–50% shares
25–50% votes

Vision Express, Mere Way, Ruddington Fields Business Park, Nottingham, NG11 6NZ

Reg: 03104285 · Companies House, England And Wales · Private Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

ABBEYFIELD V.E.LIMITED

Created 07/11/2014Registered 10/11/2014

CompanyRankvs 9202+ SIC 96090 peers
60

Financial strength92th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Liquidity16/20 pts

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

Longevity12/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£179k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

£147k

Bottom line earnings

Net Current Assets

£139k

Working capital

Current Assets

£341k

Current Liabilities

£202k

Fixed Assets

£41k

Debtors

£53k

Admin Expenses

£545k

Profit After Tax

£110k

5avg. employees

Tax at Year End

Corp tax£21k
Dividends paid£150k

People Costs

Wages & salaries£232k

Balance Sheet

Assets less current liabilities£180k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.69+£15k
20231.71-£40k
20221.91+£108k
20211.03-£127k
20202.15+£72k
20191.48

Derived from filed accounts. Not audited figures.