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Vabe Transport Ltd

10134591

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

40 TATWIN CRESCENT, SOUTHAMPTON, SO19 6JU
Incorporated 19/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

CompanyRankvs 58930+ SIC 53202 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.21× · 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.

Employees4/15 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 31/07/2024

Net Worth

-£43k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£13k

Current Liabilities

£59k

Fixed Assets

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£41k
Signed by 1.8.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.21

Derived from filed accounts. Not audited figures.