True Vape Redditch Ltd
10601342
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/02/2017
MANAGER
BRITISH · ENGLAND · Age 54
Also on 1 other board
Persons with Significant Control
Mr Nigel Kenneth Powton
British · England · Age 54
104, Evesham Road, Redditch, B97 5ES
Notified 06/02/2017
CompanyRankvs 190+ SIC 47260 peers73
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2026
Net Worth
£101k
Balance sheet strength
Cash
£29k
Cash in the bank
Net Current Assets
£97k
Working capital
Current Assets
£127k
Current Liabilities
£31k
Fixed Assets
£7k
Debtors
£76k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 4.15 | -£4k |
| 2025 | 4.25 | +£12k |
| 2024 | 5.01 | +£14k |
| 2023 | 2.21 | -£799 |
| 2022 | 5.76 | +£18k |
| 2021 | 5.78 | +£87k |
| 2020 | -2.23 | -£7k |
| 2019 | -1.48 | — |
Derived from filed accounts. Not audited figures.