Vvb Engineering (Uk) Limited
11553738
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/09/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
director · Since 20/09/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 1 other board
director · Since 13/05/2019
CHIEF EXECUTIVE OFFICER
BRITISH · UNITED KINGDOM · Age 47
Also on 5 other boards
director · Since 03/04/2020
DIRECTOR
DUTCH,AMERICAN · UNITED STATES · Age 50
Also on 2 other boards
director · Since 25/01/2024
DIRECTOR
AMERICAN · UNITED STATES · Age 50
Also on 21 other boards
Persons with Significant Control
Vvb Group Limited
3rd Floor, 25 Watling Street, London, EC4M 9BR
Reg: 11552281 · United Kingdom · Private Limited Company
Notified 05/09/2018
Charges2 outstanding
SECURE TRUST BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
SANDTON CREDIT III (LUXEMBOURG) S.À.R.L
CompanyRankvs 5671+ SIC 43210 peers59
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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
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£7.0M
Balance sheet strength
Cash
£1.4M
Cash in the bank
Profit Before Tax
-£4.6M
Bottom line earnings
Net Current Assets
£5.1M
Working capital
Current Assets
£15.0M
Current Liabilities
£9.9M
Fixed Assets
£4.9M
Debtors
£13.6M
Admin Expenses
£5.0M
Profit After Tax
-£4.6M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.51 | -£4.6M |
| 2023 | 2.35 | -£5.0M |
| 2022 | 3.77 | +£5.5M |
| 2021 | 2.94 | -£2.0M |
| 2020 | 2.00 | +£8.9M |
| 2019 | 1.90 | — |
Derived from filed accounts. Not audited figures.