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Vivopower Plc

09978410

active
Public Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

SUITE 4, 7TH FLOOR, LONDON, SW1H 0DB
Incorporated 01/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Kevin Tser Fah Chin

director · Since 27/04/2016

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 53

Also on 1 other board

Mr Michael Singee Hui

director · Since 22/01/2020

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 46

Mr Peter Jeavons

director · Since 16/06/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Mr William Langdon

director · Since 16/06/2020

DIRECTOR

BRITISH · UNITED STATES · Age 65

Mr Gary Challinor

secretary · Since 16/12/2025

Persons with Significant Control

Notified

Charges3 outstanding

Charge
outstanding

AWN HOLDINGS LIMITED

Created 01/07/2024Registered 05/07/2024
Charge
outstanding

AWN HOLDINGS LIMITED

Created 30/06/2020Registered 01/07/2020
Charge
outstanding

AWN HOLDINGS LIMITED

Created 30/06/2020Registered 01/07/2020

CompanyRankvs 2233+ SIC 63110 peers
46

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Longevity10/15 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

to become profit making, or generate cash through sale of assets, we may not have sufficient liquidity to sustain our operations and to continue as a going concern, accordingly there is a material uncertainty that may cause significant doubt about the going concern nature of the Group. Our consolidated financial statements do not include any adjustments that mi

Key FinancialsYear ending 30/06/2024

Turnover

£16k

Annual revenue

Net Worth

£533k

Balance sheet strength

Cash

£199k

Cash in the bank

Profit Before Tax

-£44.2M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£17.7M

Current Liabilities

£54.1M

Debtors

£1.6M

Cost of Sales

-£27k

Gross Profit

£43k

Admin Expenses

£7.5M

Operating Profit

-£8.5M

Profit After Tax

-£45.8M

60avg. employees-33

Tax at Year End

VAT£116k

People Costs

Wages & salaries£2.0M
NI contributions£362k

Balance Sheet

Bank loans & overdrafts£7k
Total assets£37.4M
Signed by 0 0 falsePrepared with FINTAGS

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.33+£225k£2.3M
20230.54

Derived from filed accounts. Not audited figures.