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Vorm Limited

10021615

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 DUKES COURT, CHICHESTER, PO19 8FX
Incorporated 23/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mrs Lucinda Williams

director · Since 19/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mrs Lisa Michelle Williams

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

British · United Kingdom · Age 43

2, Dukes Court, Chichester, PO19 8FX

Notified 19/03/2019

Former PSCs

Mr Giles Thomas Davison

Ceased 19/03/2019

CompanyRankvs 2947+ SIC 25110 peers
36

Financial strength4th percentile among SIC peers · 1/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£58k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£23k

Current Liabilities

£59k

Debtors

£23k

3avg. employees-1

Balance Sheet

Assets less current liabilities-£36k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£1k
20240.42-£15k
20230.64

Derived from filed accounts. Not audited figures.