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Vq Developments Limited

09539078

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

1ST FLOOR NQ BUILDING 47 BENGAL STREET, MANCHESTER, M4 6BB
Incorporated 13/04/2015

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 28/06/2025

Due 12/07/2026

On track

Industry

41100
Development of building projects

Officers

Mr Andrew James Floyd

director · Since 13/11/2025

BRITISH · ENGLAND · Age 46

Also on 56 other boards

Mr Andrew Lofthouse

director · Since 13/11/2025

BRITISH · ENGLAND · Age 52

Also on 53 other boards

Persons with Significant Control

Vq Holdco Limited

75–100% shares
75–100% votes
Appoint directors

1st Floor Nq Building, 47 Bengal Street, Manchester, M4 6BB

Reg: 15459334 · Vq Holdco Limited · Limited Company

Notified 02/02/2024

Former PSCs

Xq Developments Limited

Ceased 15/10/2020

Gjs Holdco Limited

Ceased 02/02/2024

Charges0 outstanding

Charge
satisfied

GREATER MANCHESTER COMBINED AUTHORITY (SECURITY AGENT) AS SECURITY TRUSTEE FOR THE SECURED PART

Created 06/07/2021Registered 12/07/2021Satisfied 05/10/2023
Charge
satisfied

GREATER MANCHESTER COMBINED AUTHORITY

Created 03/10/2019Registered 08/10/2019Satisfied 05/10/2023
Charge
satisfied

TAMESIDE METROPOLITAN BOROUGH COUNCIL AS ADMINISTERING AUTHORITY FOR GREATER MANCHESTER PENSION

Created 03/10/2019Registered 07/10/2019Satisfied 01/07/2025

CompanyRankvs 32383+ SIC 41100 peers
58

Financial strength94th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

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

Longevity11/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£7.2M

Current Liabilities

£8.3M

Debtors

£431k

0avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.87
20180.92

Derived from filed accounts. Not audited figures.