Back to search

Vasion Tech Limited

11275855

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

16 GREAT QUEEN STREET, LONDON, WC2B 5AH
Incorporated 26/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr. Michael Shane Callahan

director · Since 18/07/2018

CFO

AMERICAN · UNITED STATES · Age 51

Mr Matthew Scott Dean

director · Since 09/01/2026

AMERICAN · UNITED STATES · Age 57

Persons with Significant Control

Mr Jarrett Taylor

50–75% shares
50–75% votes
Appoint directors

American · United States · Age 51

Vasion, Inc, 432 S. Tech Ridge Dr., St. George Ut 84770

Notified 26/03/2018

Charges1 outstanding

Charge
outstanding

JPMORGAN CHASE BANK, N.A. (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTR

Created 09/05/2024Registered 10/05/2024
Charge
satisfied

SILICON VALLEY BANK

Created 14/09/2020Registered 23/09/2020Satisfied 20/05/2024

CompanyRankvs 36004+ SIC 62012 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£1.5M

Balance sheet strength

Cash

£728k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£3.1M

Current Liabilities

£4.2M

Fixed Assets

£18k

Debtors

£66k

Profit After Tax

-£1.4M

13avg. employees

Tax at Year End(2024)

Corp tax£19k

Balance Sheet

Assets less current liabilities-£1.0M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75-£1.4M
20241.09-£1.0M
20211.75

Derived from filed accounts. Not audited figures.