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Gainsborough V.E. Limited

11972597

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

VISION EXPRESS MERE WAY, RUDDINGTON, NG11 6NZ
Incorporated 01/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Abbeyfield V.E. Limited

director · Since 01/05/2019

BRITISH

Also on 111 other boards

Mr David Welton

director · Since 02/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 38

Mrs Katherine Welton

director · Since 02/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Abbeyfield V.E. Limited

50–75% shares
50–75% votes

Mere Way, Ruddington Fields Business Park, Nottingham, NG11 6NZ

Reg: 03104285 · Companies House, England And Wales · Private Limited Company

Notified 01/05/2019

Former PSCs

Vision Express (Uk) Limited

Ceased 02/09/2019

Mr David Welton

Ceased 02/09/2019

Mrs Katherine Welton

Ceased 02/09/2019

Charges1 outstanding

Charge
outstanding

ABBEYFIELD V.E. LIMITED

Created 07/10/2019Registered 16/10/2019

CompanyRankvs 14303+ SIC 96090 peers
56

Financial strength93th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

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

£234k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

£182k

Bottom line earnings

Net Current Assets

£148k

Working capital

Current Assets

£390k

Current Liabilities

£242k

Fixed Assets

£87k

Debtors

£49k

Admin Expenses

£670k

Profit After Tax

£133k

13avg. employees+1

Tax at Year End

Corp tax£41k
Dividends paid£80k

People Costs

Wages & salaries£314k

Balance Sheet

Intangible assets£85k
Assets less current liabilities£235k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.61+£36k
20231.51+£53k
20221.22+£2k
20210.96—
20200.39—
20190.22—

Derived from filed accounts. Not audited figures.