Vsp88 Limited

11380133

active

Private Limited Company

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

Accounts

Up to date

Confirmation statement

Up to date

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

291b, Melton Road, Leicester, LE4 7AN

Notified 24/05/2018

Mr Vinay Surendra Pala

25–50% shares

25–50% votes

British · Scotland · Age 45

291b, Melton Road, Leicester, LE4 7AN

Notified 01/01/2025

Former PSCs

Mr Vinay Pala

Ceased 18/01/2022

Charges42 outstanding

Charge

outstanding

SDKA LTD

Created 20/05/2026Registered 26/05/2026

Charge

outstanding

REWARD FINANCE GROUP LIMITED

Created 22/08/2025Registered 04/09/2025

Charge

outstanding

REWARD FINANCE GROUP LIMITED

Created 22/08/2025Registered 04/09/2025

Charge

outstanding

WELFORD CAPITAL LTD

Created 27/03/2025Registered 11/04/2025

Charge

outstanding

NEXA LENDING & SECURITY SERVICES LTD

Created 03/04/2025Registered 09/04/2025

Charge

outstanding

NEXA LENDING & SECURITY SERVICES LTD

Created 03/04/2025Registered 09/04/2025

Charge

outstanding

WELFORD CAPITAL LTD

Created 04/03/2025Registered 05/03/2025

Charge

outstanding

NEXA LENDING & SECURITY SERVICES LTD

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

Charge

outstanding

NEXA LENDING & SECURITY SERVICES LTD

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

Charge

outstanding

SDKA LTD

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

Charge

outstanding

SDKA LTD

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

Charge

outstanding

SDKA LTD

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

Charge

outstanding

CAPIFY UK LLC

Created 14/01/2025Registered 14/01/2025

Charge

outstanding

CAPIFY UK LLC

Created 23/12/2024Registered 09/01/2025

Charge

outstanding

STATE BANK OF INDIA (UK) LIMITED

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

Charge

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

Charge

outstanding

INTERBAY FUNDING LIMITED

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

Charge

outstanding

SDKA LTD

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

Charge

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

Charge

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

Charge

outstanding

UNITED TRUST BANK LIMITED

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

Charge

satisfied

SDKA LTD

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

Charge

satisfied

SDKA LTD

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

Charge

outstanding

SDKA LTD

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

Charge

outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

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

Charge

outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

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

Charge

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

Charge

satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

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

Charge

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 155495+ 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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155495Vsp88 Limited

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

Tax at Year End(2020)

Corp tax£7k

Balance Sheet

Assets less current liabilities£12.8M

Prepared with IRIS Accounts Production

EstimatesDerived

Year	Current Ratio	Implied Profit
2024	0.12	-£468k
2023	0.19	-£213k
2022	0.22	-£195k
2021	1.45	+£28k
2020	1.96	+£17k

Derived from filed accounts. Not audited figures.

Vsp88 Limited

Details

Compliance

Industry

Officers

Persons with Significant Control

Charges42 outstanding

CompanyRankvs 155495+ SIC 68100 peers18

Key FinancialsYear ending 31/05/2024

EstimatesDerived

CompanyRankvs 155495+ SIC 68100 peers
18