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Bournemouth V.E. Limited

12045584

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

VISION EXPRESS VISION EXPRESS, NOTTINGHAM, NG11 6NZ
Incorporated 12/06/2019

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/06/2025

Due 25/06/2026

On track

Industry

96090
Other personal service activities

Officers

Abbeyfield V.E. Limited

director · Since 12/06/2019

BRITISH

Also on 111 other boards

Mr Philip Martin Hyde

director · Since 12/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 49 other boards

Ms Jane Cordell

director · Since 23/11/2020

OPTOMETRIST

BRITISH · ENGLAND · Age 45

Ms Lindsay Michelle Griffiths

director · Since 23/11/2020

RETAIL PARTNER

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Abbeyfield V.E. Limited

50–75% shares
50–75% votes

Vision Express, Mere Way, Ruddington, NG11 6NZ

Reg: 03104285 · Companies House · Limited By Shares

Notified 12/06/2019

Former PSCs

Ms Jane Cordell

Ceased 23/11/2020

Ms Lindsay Michelle Griffiths

Ceased 23/11/2020

Charges1 outstanding

Charge
outstanding

ABBEYFIELD V.E. LIMITED

Created 23/11/2020Registered 26/11/2020

CompanyRankvs 328110+ SIC 96090 peers
43

Financial strength84th percentile among SIC peers · 21/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.8× · 6/20
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 strength21/25 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 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

£53k

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£11k

Bottom line earnings

Net Current Assets

-£52k

Working capital

Current Assets

£210k

Current Liabilities

£262k

Fixed Assets

£129k

Debtors

£12k

Admin Expenses

£489k

Profit After Tax

£28k

6avg. employees-2

Tax at Year End

Corp tax£2k

People Costs

Wages & salaries£209k

Balance Sheet

Assets less current liabilities£77k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80-£8k
20230.84+£28k
20220.67+£40k
20210.72
20200.63

Derived from filed accounts. Not audited figures.