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Vang Limited

11663817

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

424 MARGATE ROAD, RAMSGATE, CT12 6SJ
Incorporated 06/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Nicholas Gadd

director · Since 06/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Miss Verny Weining Yang

director · Since 06/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Nicholas Gadd

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

29 Westwood Road, Broadstairs, CT10 2LB

Notified 06/11/2018

Miss Verny Weining Yang

25–50% shares
25–50% votes
Appoint directors

British · England · Age 46

29 Westwood Road, Broadstairs, CT10 2LB

Notified 06/11/2018

CompanyRankvs 8414+ SIC 71129 peers
61

Financial strength32th percentile among SIC peers · 8/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

£102

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£154k

Current Liabilities

£59k

Fixed Assets

£7k

Debtors

£8k

2avg. employees

Tax at Year End

Corp tax£7k
VAT£7k

Balance Sheet

Assets less current liabilities£102k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20242.60£146k
20234.01

Derived from filed accounts. Not audited figures.