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Vtec Group Limited

10497467

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 3, BODMIN, PL31 2QB
Incorporated 25/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Timothy Quentin David Douglas

director · Since 25/11/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mrs Victoria Douglas

director · Since 05/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 54

Amos Fletcher Douglas

director · Since 01/01/2018

NONE

BRITISH · UNITED KINGDOM · Age 34

Emil Matthew Douglas

director · Since 01/01/2018

NONE

BRITISH · UNITED KINGDOM · Age 32

Persons with Significant Control

Mrs Victoria Douglas

25–50% shares
25–50% votes

British · England · Age 54

Unit 3, Cooksland Industrial Estate, Bodmin, PL31 2QB

Notified 25/11/2016

Mr Timothy Quentin David Douglas

25–50% shares
25–50% votes

British · United Kingdom · Age 59

Unit 3, Cooksland Industrial Estate, Bodmin, PL31 2QB

Notified 25/11/2016

Charges0 outstanding

Charge
satisfied

BANK OF SCOTLAND PLC

Created 31/03/2017Registered 05/04/2017Satisfied 10/06/2025

CompanyRankvs 917+ SIC 74100 peers
85

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.62× · 20/20
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 strength25/25 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.

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.

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 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£672k

Working capital

Current Assets

£869k

Current Liabilities

£240k

Fixed Assets

£1.1M

17avg. employees-3

Balance Sheet

Assets less current liabilities£1.8M
Signed by 10497467 2024-01-01 2024-12-31 10497467 2024-12-31 10497467 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.62+£153k
20232.70

Derived from filed accounts. Not audited figures.