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Vs Labs Limited

11000361

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 06/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Alexander Cornelis Korff

director · Since 06/10/2017

SOLICITOR

DUTCH · SINGAPORE · Age 44

Persons with Significant Control

Validsoft Limited

75–100% shares

Arthur Cox Building, Earlsfort Terrace, Dublin, DUBLIN 2

Reg: 377068 · Companies Registration Office · Private Limited Company

Notified 06/10/2017

Charges1 outstanding

Charge
outstanding

HSBC INNOVATION BANKING

Created 13/09/2024Registered 24/09/2024
Charge
satisfied

HSBC INNOVATION BANKING

Created 13/09/2024Registered 24/09/2024Satisfied 27/02/2025

CompanyRankvs 29467+ SIC 62090 peers
30

Financial strength0th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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29467Vs Labs Limited
49
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.

Employees14/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

partnerships coming onstream, the director concludes that the circumstances outlined above represent a material uncertainty that cast a significant doubt upon the company’s ability to continue as a going concern and that the company may be unable to realise its assets and discharge its liabilities in the normal course of business. Nevertheless, the director has a reasonable expectation that the

Key FinancialsYear ending 31/12/2024

Net Worth

-£5.9M

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£265k

Current Liabilities

£203k

Debtors

£251k

11avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.30-£1.2M
20234.37-£1.0M
20225.72-£1.1M
20214.17—

Derived from filed accounts. Not audited figures.