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Vehicle Repowering Solutions Limited

10658152

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

100 ST. JAMES ROAD, NORTHAMPTON, NN5 5LF
Incorporated 08/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Noel Frank Thomas Lock

director · Since 22/06/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Persons with Significant Control

Mr Noel Frank Thomas Lock

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

British · England · Age 57

Court Farm, Church Road, Bristol, BS30 5SU

Notified 22/06/2018

Former PSCs

Mr Auke Faber

Ceased 24/04/2019

Mr Andrew Richard Sanders

Ceased 01/03/2020

Mr Richard Stephen Gough

Ceased 25/02/2020

Mr Bob Daja

Ceased 13/11/2019

Charges2 outstanding

Charge
outstanding

COVENTRY AND WARWICKSHIRE REINVESTMENT TRUST LTD

Created 24/06/2022Registered 12/07/2022
Charge
outstanding

COVENTRY AND WARWICKSHIRE REINVESTMENT TRUST LTD

Created 03/09/2020Registered 24/09/2020

CompanyRankvs 15+ SIC 45200 peers
6

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity9 years trading (max 15) · 9/15
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.

Employees0/15 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.

Longevity9/15 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

to be prepared on a going concern basis. As at 31 March 2023 the company had made a loss of £568,480 which resulted in negative reserves at the year end of £1,768,727. These conditions indicate the existence of material uncertainty w

Key FinancialsYear ending 31/03/2023

Net Worth

-£1.8M

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

-£1.6M

Working capital

Current Assets

£612k

Current Liabilities

£2.2M

Fixed Assets

£30k

Debtors

£64k

8avg. employees-4

Balance Sheet

Assets less current liabilities-£1.6M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20230.28-£568k
20220.43-£373k
20210.46-£250k
20200.68-£287k
20190.57—

Derived from filed accounts. Not audited figures.