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Vk Eng Ltd

10869321

active
Private Limited Company
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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

68 GATESHEAD ROAD, BOREHAMWOOD, WD6 4NQ
Incorporated 17/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42110
Construction of roads and motorways
42120
Construction of railways and underground railways
42220
Construction of utility projects for electricity and telecommunications
42990
Construction of other civil engineering projects

Officers

Mr Vainius Krinickas

director · Since 17/07/2017

CIVIL ENGINEER

LITHUANIAN · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Vainius Krinickas

75–100% shares
75–100% votes

Lithuanian · England · Age 37

68, Gateshead Road, Borehamwood, WD6 4NQ

Notified 05/11/2024

Ms Xingye Li

25–50% shares
25–50% votes

Chinese · England · Age 44

68, Gateshead Road, Borehamwood, WD6 4NQ

Notified 24/03/2025

CompanyRankvs 2845+ SIC 42110 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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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.

Employees4/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£91k

Balance sheet strength

Cash

£122

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£122

Current Liabilities

£91k

1avg. employees

Director Loans

Company owes directors£91k

Balance Sheet

Assets less current liabilities-£91k
Signed by Mr Vainius Krinickas 26th April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£440
20230.01-£6k
20220.05-£53k
2021-£21k
202013.47

Derived from filed accounts. Not audited figures.