Vgs Distribution Limited
10889703
Healthy
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/06/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 02/11/2025
Due 16/11/2026
Industry
Officers
Joseph Thomas Baldwin
director · Since 28/07/2017
British
Jack Sitti
director · Since 28/07/2017
British
CompanyRankvs 19290+ SIC 46499 peers69
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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 30/06/2024
Turnover
£561k
Annual revenue
Net Worth
£2k
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£2k
Bottom line earnings
Net Current Assets
-£171k
Working capital
Current Assets
-£178k
Current Liabilities
-£7k
Fixed Assets
£68k
Debtors
£4k
Cost of Sales
£181k
Gross Profit
£379k
Admin Expenses
£321k
Operating Profit
£3k
Profit After Tax
£2k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | -26.67 |
Derived from filed accounts. Not audited figures.