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Mcf Vapes Limited

10770168

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 15/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Michael Charles Fraser

director · Since 15/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Michael Charles Fraser

75–100% shares
75–100% votes

British · England · Age 65

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 15/05/2017

CompanyRankvs 4316+ SIC 47789 peers
44

Financial strength58th percentile among SIC peers · 14/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.38× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 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

foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion. Turnover Turnover represents net invoices sales of goods excluding

Key FinancialsYear ending 31/05/2025

Net Worth

£11k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£37k

Current Liabilities

£27k

Fixed Assets

£1k

Debtors

£258

1avg. employees

Tax at Year End(2023)

Corp tax£2k

Director Loans(2022)

Directors owe company£9k

Balance Sheet

Assets less current liabilities£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.38-£26k
20244.42-£23k
20235.99-£14k
20225.46-£47k£43k
202110.91

Derived from filed accounts. Not audited figures.