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Vapormatic Europe Limited

10701451

active
Private Limited Company
england wales
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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

VAPORMATIC KESTREL WAY, EXETER, EX2 7LA
Incorporated 31/03/2017

Compliance

Last accounts

31/10/2024

full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/03/2026

Due 13/04/2027

On track

Industry

46610
Wholesale of agricultural machinery, equipment and supplies

Officers

Mrs Rebecca Robertson

director · Since 11/01/2022

FINANCIAL CONTROLLER

AMERICAN · UNITED STATES · Age 42

Stephens Scown Secretarial Limited

secretary · Since 25/01/2022

Also on 4 other boards

Mr John Gerald Hynes

director · Since 01/03/2025

AUSTRALIAN

IRISH · SWEDEN · Age 49

Also on 2 other boards

Persons with Significant Control

Vapormatic Company Limited(The)

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

Vapormatic Kestrel Way, Sowton Industrial Estate, Exeter, EX2 7LA

Reg: 00538655 · Companies House · Corporate

Notified 31/03/2017

CompanyRankvs 247+ SIC 46610 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.28× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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247Vapormatic Europe Limited
72
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.

Employees3/15 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.

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

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors intend either to liquidate the Company or to cease opera

Key FinancialsYear ending 31/10/2024

Net Worth

£11.5M

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

-£7.3M

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£2.5M

Current Liabilities

£778k

Fixed Assets

£9.7M

Debtors

£2.5M

Admin Expenses

£4k

Operating Profit

-£7.2M

Profit After Tax

-£7.3M

0avg. employees

Tax at Year End

Corp tax£19k

Balance Sheet

Assets less current liabilities£11.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20243.28

Derived from filed accounts. Not audited figures.