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East Grinstead V.E. Limited

12069884

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 MERE WAY, RUDDINGTON, NG11 6NZ
Incorporated 26/06/2019

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

96090
Other personal service activities

Officers

Abbeyfield V.E. Limited

director · Since 26/06/2019

BRITISH

Also on 111 other boards

Mr Philip Martin Hyde

director · Since 26/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 49 other boards

Mr Paul Lyne

director · Since 04/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 49

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, England And Wales · Private Limited Company

Notified 26/06/2019

Mr Paul Lyne

25–50% shares
25–50% votes

British · England · Age 49

Vision Express, Mere Way, Ruddington, NG11 6NZ

Notified 04/11/2019

Charges1 outstanding

Charge
outstanding

ABBEYFIELD V.E. LIMITED

Created 04/11/2019Registered 05/11/2019

CompanyRankvs 35246+ SIC 96090 peers
44

Financial strength88th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 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 strength22/25 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

£94k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

£87k

Bottom line earnings

Net Current Assets

-£1k

Working capital

Current Assets

£148k

Current Liabilities

£149k

Fixed Assets

£96k

Debtors

£22k

Admin Expenses

£427k

Profit After Tax

£49k

5avg. employees+1

Tax at Year End

Corp tax£15k
Dividends paid£53k

People Costs

Wages & salaries£210k

Balance Sheet

Intangible assets£46k
Assets less current liabilities£95k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£10k
20230.86-£4k
20220.81+£23k
20210.76
20200.46
20190.26

Derived from filed accounts. Not audited figures.