Back to search

Vatax Accountants Ltd

11914960

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

1 LIMBRICK, BLACKBURN, BB1 8AB
Incorporated 30/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69202
Bookkeeping activities

Officers

Mr Adeel Abbas Mirza

director · Since 30/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 5 other boards

Persons with Significant Control

Mr Adeel Abbas Mirza

75–100% shares
Appoint directors

British · England · Age 37

1, Limbrick, Blackburn, BB1 8AB

Notified 30/03/2019

CompanyRankvs 4266+ SIC 69202 peers
68

Financial strength58th percentile among SIC peers · 14/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 75.14× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength14/25 pts

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

Employees12/15 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.

Longevity7/15 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

£4k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£12k

Current Liabilities

£166

Fixed Assets

£1k

Debtors

£11k

3avg. employees

Tax at Year End

Corp tax£166

Director Loans

Company owes directors£922

Balance Sheet

Assets less current liabilities£13k
Signed by Mr Adeel Mirza 31/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202475.14+£801
202321.55-£171
202246.37+£30
202122.97
20206.57

Derived from filed accounts. Not audited figures.