Vps Practice Limited
10915321
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 13/08/2025
Due 27/08/2026
Industry
Officers
Persons with Significant Control
Mr Preshaan Sitlu
British · England · Age 50
Oaklands, Penn Lane, Tanworth In Arden, B94 5HL
Notified 14/08/2017
Charges3 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 7811+ SIC 86230 peers42
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£127k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
-£2.7M
Working capital
Current Assets
£233k
Current Liabilities
£3.0M
Fixed Assets
£4.6M
Debtors
£218k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.08 | -£7k |
| 2023 | 4.51 | +£59k |
| 2022 | 2.82 | — |
| 2021 | 1.40 | — |
Derived from filed accounts. Not audited figures.