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Vega Manufacturing Limited

11880709

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
40 / 100

Notable Risks

0/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Open Farm Unit Mount Farm, Theydon Mount, Epping, CM16 7PX
Incorporated 13/03/2019

Previously known as

Vega Construction Group Ltd · until 08/12/2023

Compliance

Last accounts

31/03/2022

micro entity

Next accounts due

31/12/2023

Overdue

Confirmation statement

Last: 12/12/2022

Due 26/12/2023

Overdue

Industry

41100
Development of building projects

Officers

Mr Peter Edward Spendley

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Peter Edward Spendley

director · Since 01/03/2022

British · United Kingdom · Age 57

Former

Anthony Ross Gibson

director · Resigned 01/03/2022

Paul David Commins

director · Resigned 01/03/2022

Persons with Significant Control

Mr Peter Edward Spendley

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 57

Open Farm Unit, Mount Farm, Epping, CM16 7PX

Notified 01/03/2022

Former PSCs

Mr Anthony Ross Gibson

Ceased 01/03/2022

Mr Paul Commins

Ceased 01/03/2022

Change History

statusactive
2026-07-25

Active - Proposal to Strike off

typeltd
2026-07-25

Private Limited Company

address line1Open Farm Unit Mount Farm
2026-07-25

OPEN FARM UNIT MOUNT FARM

post townEpping
2026-07-25

EPPING

officer appointedSPENDLEY, Peter Edward
2026-07-25

CompanyRankvs 82503+ SIC 41100 peers
28

Financial strength4th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 31/03/2022

Net Worth

-£172k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£174k

Working capital

Current Assets

£446k

Current Liabilities

£637k

Fixed Assets

£2k

6avg. employees

Balance Sheet

Assets less current liabilities-£172k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.70+£62k
20210.26

Derived from filed accounts. Not audited figures.