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Vibisys - Viable Business Systems Limited

09547267

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

50 SEYMOUR STREET, LONDON, W1H 7JG
Incorporated 16/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Majed Bushnaq

director · Since 16/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Majed Bushnaq

75–100% shares
75–100% votes

British · England · Age 61

50, Seymour Street, London, W1H 7JG

Notified 06/04/2016

CompanyRankvs 44470+ SIC 62090 peers
26

Financial strength22th percentile among SIC peers · 6/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength6/25 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.

Liquidity2/20 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.

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

and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Going concern The directors have made an assessment of the company’s ability to continue as a going concern and have a reasonable expectation that the company has adequate resources to continue in ope

Key FinancialsYear ending 30/04/2025

Net Worth

£1

Balance sheet strength

Cash

£99

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£396

Current Liabilities

£22k

Debtors

£297

0avg. employees

Balance Sheet

Assets less current liabilities-£21k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.02
20250.02
20240.01
20230.00
20220.04
20210.10

Derived from filed accounts. Not audited figures.