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Vs 203 Limited

10001583

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

45 WESTERHAM ROAD, SEVENOAKS, TN13 2QB
Incorporated 12/02/2016

Compliance

Last accounts

31/03/2025

full

Next accounts due

29/12/2026

On track

Confirmation statement

Last: 11/03/2026

Due 25/03/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Kevin Ronald Spencer

director · Since 12/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 65 other boards

Mr Michael Richard Brittain

director · Since 29/09/2022

FINANCIAL CONTROLLER

BRITISH · ENGLAND · Age 51

Also on 56 other boards

Rosslyn-Ann Weeks

secretary · Since 05/12/2022

Persons with Significant Control

Armatire Limited

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

45, Westerham Road, Sevenoaks, TN13 2QB

Reg: 09940284 · Companies House · Limited By Shares

Notified 13/02/2017

Charges2 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 31/08/2021Registered 16/09/2021
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 31/08/2021Registered 16/09/2021
Charge
satisfied

METRO BANK PLC

Created 29/03/2016Registered 30/03/2016Satisfied 02/09/2021
Charge
satisfied

METRO BANK PLC

Created 29/03/2016Registered 30/03/2016Satisfied 02/09/2021

CompanyRankvs 1854020+ SIC 68100 peers
10

Financial strength1th percentile among SIC peers · 0/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 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 strength0/25 pts

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

Employees3/15 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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to note 1.2 on page 8 of the financial statements concerning the company's ability to continue as a going concern which indicates that the company had net liabilit

Key FinancialsYear ending 31/03/2023

Net Worth

-£552k

Balance sheet strength

Cash

£7

Cash in the bank

Profit Before Tax

-£420k

Bottom line earnings

Net Current Assets

-£2.6M

Working capital

Current Assets

£102k

Current Liabilities

£2.7M

Fixed Assets

£2.1M

Debtors

£102k

Admin Expenses

£64k

Profit After Tax

-£420k

0avg. employees

Balance Sheet

Assets less current liabilities-£552k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.04-£420k
20220.15+£206k
20210.14

Derived from filed accounts. Not audited figures.