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Vendees Local Ltd

09812445

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

13 QUEENS PARK VIEW, CHESTER, CH4 7BU
Incorporated 06/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Sethuraaman Meyyappan

director · Since 06/10/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Mr Murali Dharan Salai Kuberan

director · Since 06/10/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Murali Dharan Salai Kuberan

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 44

13, Queens Park View, Chester, CH4 7BU

Notified 05/10/2016

Mr Sethuraaman Meyyappan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

13, Queens Park View, Chester, CH4 7BU

Notified 21/04/2023

Former PSCs

Mr Muralidharan Salaikuberan

Ceased 21/04/2023

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 18/02/2026Registered 20/02/2026
Charge
outstanding

HSBC UK BANK PLC

Created 28/10/2025Registered 29/10/2025

CompanyRankvs 1159+ SIC 47110 peers
70

Financial strength80th percentile among SIC peers · 20/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.35× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£51k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

£168k

Working capital

Current Assets

£239k

Current Liabilities

£72k

Fixed Assets

£60k

Debtors

£100

10avg. employees-6

Balance Sheet

Intangible assets£49k
Bank loans & overdrafts£16k
Assets less current liabilities£228k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.35+£53k
20232.91-£3k
20222.60-£19k
20213.70+£5k
20203.43-£26k
20191.70-£7k
20181.57

Derived from filed accounts. Not audited figures.