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Vsp88 Limited

11380133

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 42 outstanding charges (-10)

Details

291B MELTON ROAD, LEICESTER, LE4 7AN
Incorporated 24/05/2018

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 24/03/2026

Due 07/04/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Viral Surendra Pala

director · Since 24/05/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 10 other boards

Persons with Significant Control

Mr Viral Surendra Pala

25–50% shares
25–50% votes

British · England · Age 49

291c, Melton Road, Leicester, LE4 7AN

Notified 24/05/2018

Mr Vinay Surendra Pala

25–50% shares
25–50% votes

British · Scotland · Age 45

291c, Melton Road, Leicester, LE4 7AN

Notified 01/01/2025

Former PSCs

Mr Vinay Pala

Ceased 18/01/2022

Charges42 outstanding

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NEXA LENDING & SECURITY SERVICES LTD

Created 03/04/2025Registered 09/04/2025
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NEXA LENDING & SECURITY SERVICES LTD

Created 03/04/2025Registered 09/04/2025
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WELFORD CAPITAL LTD

Created 04/03/2025Registered 05/03/2025
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NEXA LENDING & SECURITY SERVICES LTD

Created 21/02/2025Registered 25/02/2025
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outstanding

NEXA LENDING & SECURITY SERVICES LTD

Created 21/02/2025Registered 25/02/2025
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outstanding

SDKA LTD

Created 17/02/2025Registered 24/02/2025
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outstanding

SDKA LTD

Created 14/02/2025Registered 17/02/2025
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outstanding

SDKA LTD

Created 14/02/2025Registered 17/02/2025
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CAPIFY UK LLC

Created 14/01/2025Registered 14/01/2025
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CAPIFY UK LLC

Created 23/12/2024Registered 09/01/2025
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STATE BANK OF INDIA (UK) LIMITED

Created 07/10/2024Registered 17/10/2024
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outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 07/10/2024Registered 17/10/2024
Charge
outstanding

SDKA LTD

Created 11/04/2024Registered 26/04/2024
Charge
satisfied

SDKA LTD

Created 12/04/2024Registered 18/04/2024Satisfied 27/02/2025
Charge
outstanding

SDKA LTD

Created 09/04/2024Registered 17/04/2024
Charge
outstanding

SDKA LTD

Created 15/12/2023Registered 20/12/2023
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outstanding

INTERBAY FUNDING LIMITED

Created 01/09/2023Registered 04/09/2023
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outstanding

SDKA LTD

Created 20/07/2023Registered 24/07/2023
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outstanding

YORKSHIRE BUILDING SOCIETY

Created 04/07/2023Registered 05/07/2023
Charge
satisfied

REIM LENDING LIMITED

Created 30/05/2023Registered 01/06/2023Satisfied 23/10/2024
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satisfied

REIM LENDING LIMITED

Created 30/05/2023Registered 01/06/2023Satisfied 23/10/2024
Charge
outstanding

ALLICA BANK LIMITED

Created 20/04/2023Registered 01/05/2023
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outstanding

UNITED TRUST BANK LIMITED

Created 31/01/2023Registered 01/02/2023
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satisfied

SDKA LTD

Created 22/12/2022Registered 23/12/2022Satisfied 26/04/2023
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satisfied

SDKA LTD

Created 19/12/2022Registered 22/12/2022Satisfied 07/09/2023
Charge
outstanding

SDKA LTD

Created 14/07/2022Registered 14/07/2022
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outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 28/02/2022Registered 03/03/2022
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outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 28/02/2022Registered 01/03/2022
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outstanding

SDKA LTD

Created 30/11/2021Registered 15/12/2021
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 09/11/2021Registered 09/11/2021
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 09/11/2021Registered 09/11/2021
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 09/11/2021Registered 09/11/2021
Charge
outstanding

SDKA LTD

Created 29/10/2021Registered 01/11/2021
Charge
satisfied

SDKA LTD

Created 10/05/2021Registered 11/05/2021Satisfied 24/10/2023
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 30/04/2021Registered 04/05/2021Satisfied 11/10/2024
Charge
outstanding

SDKA LTD

Created 28/04/2021Registered 29/04/2021
Charge
satisfied

ALLICA BANK LIMITED

Created 01/04/2021Registered 09/04/2021Satisfied 13/09/2022
Charge
outstanding

FLEET MORTGAGE LIMITED

Created 12/02/2021Registered 12/02/2021
Charge
satisfied

SDKA LTD

Created 01/12/2020Registered 02/12/2020Satisfied 16/04/2021
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 21/10/2020Registered 09/11/2020
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 21/10/2020Registered 09/11/2020
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 29/10/2020Registered 30/10/2020
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 23/10/2020Registered 26/10/2020
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 23/10/2020Registered 26/10/2020
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 02/09/2020Registered 14/09/2020
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 10/01/2020Registered 24/01/2020Satisfied 27/04/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 29/11/2019Registered 13/12/2019Satisfied 27/04/2021
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satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 29/11/2019Registered 13/12/2019Satisfied 27/04/2021
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satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 13/03/2019Registered 26/03/2019Satisfied 27/04/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 13/03/2019Registered 19/03/2019Satisfied 27/04/2021
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 30/11/2018Registered 11/12/2018
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 30/10/2018Registered 16/11/2018

CompanyRankvs 157705+ SIC 68100 peers
18

Financial strength1th percentile among SIC peers · 0/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 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.

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 31/05/2024

Net Worth

-£819k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£6.3M

Working capital

Current Assets

£875k

Current Liabilities

£7.2M

Fixed Assets

£19.1M

Debtors

£856k

0avg. employees

Balance Sheet

Assets less current liabilities£12.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£468k
20230.19

Derived from filed accounts. Not audited figures.