Vendnation Limited
11710446
Some Concerns
- No accounts filed in last 18 months (-5)
- 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 04/12/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 33
Also on 6 other boards
director · Since 04/12/2018
DIRECTOR
ENGLISH · ENGLAND · Age 33
Also on 4 other boards
director · Since 01/08/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 36
Also on 2 other boards
Persons with Significant Control
Mr James Ryan Ashton
British · United Kingdom · Age 33
Unit 16, Parkrose Industrial Estate, Smethwick, B66 2DZ
Notified 19/12/2021
Mr Jonathon Craig Ashton
English · England · Age 33
Unit 16, Parkrose Industrial Estate, Smethwick, B66 2DZ
Notified 19/12/2023
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 42+ SIC 32401 peers41
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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
during the year was: 3 (2023: 10). The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate. Page 6 VENDNATION LIMITED Notes to the Financial Statements for the Period Ended 31 December 2024 2. Employees 2024 2023 Average nu
Key FinancialsYear ending 31/12/2024
Net Worth
£536k
Balance sheet strength
Cash
£96k
Cash in the bank
Net Current Assets
-£362k
Working capital
Current Assets
£111k
Current Liabilities
£473k
Fixed Assets
£1.8M
Debtors
£15k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.24 | +£122k |
| 2023 | 1.39 | +£183k |
| 2022 | 0.67 | +£169k |
| 2021 | 0.60 | — |
Derived from filed accounts. Not audited figures.