Vespace International Limited
09512479
Healthy
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 26/03/2026
Due 09/04/2027
Industry
Officers
secretary · Since 26/03/2015
director · Since 26/03/2015
DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 3 other boards
director · Since 26/03/2015
DIRECTOR
BRITISH · ENGLAND · Age 77
Also on 6 other boards
Persons with Significant Control
Tvi Group Limited
3rd Floor, Davidson House, Reading, RG1 3EU
Reg: 08957594 · England & Wales · Company Limited By Shares
Notified 28/09/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
LEE STEPHEN MARRIOTT · REBECCA KATE MARRIOTT
KAREN BATES · NEIL BATES · DANIEL BATES · GEORGINA BATES
JOHN O'MAHONY · TVC 1 LIMITED
CompanyRankvs 130+ SIC 68202 peers51
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
or • the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Conclusions relating to going concern In auditing the fin
Key FinancialsYear ending 31/03/2025
Turnover
£16.1M
Annual revenue
Net Worth
£1.5M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Profit Before Tax
£531k
Bottom line earnings
Net Current Assets
-£2.8M
Working capital
Current Assets
£7.6M
Current Liabilities
£10.4M
Fixed Assets
£5.0M
Debtors
£6.1M
Cost of Sales
£12.4M
Gross Profit
£3.7M
Admin Expenses
£4.1M
Profit After Tax
£574k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.73 | +£574k |
| 2024 | 0.95 | +£183k |
| 2023 | 1.11 | — |
Derived from filed accounts. Not audited figures.