Vecteo Ltd
12087470
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/05/2025
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 70
Also on 3 other boards
director · Since 01/05/2025
DIRECTOR OF COMMISSIONING
BRITISH · ENGLAND · Age 39
Also on 1 other board
secretary · Since 01/02/2026
Persons with Significant Control
Southend Borough Council
Civic Centre, Victoria Avenue, Southend On Sea
Notified 20/07/2021
Former PSCs
Mr Neil Donald
Ceased 29/07/2019
London Hire Community Services Ltd
Ceased 12/05/2023
Charges1 outstanding
SOUTHEND-ON-SEA CITY COUNCIL
CompanyRankvs 3510+ SIC 49319 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£153k
Balance sheet strength
Cash
£1.3M
Cash in the bank
Net Current Assets
£239k
Working capital
Current Assets
£1.3M
Current Liabilities
£1.1M
Fixed Assets
£385
Debtors
£66k
Profit After Tax
£30k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.22 | +£0 |
| 2025 | 1.22 | +£30k |
| 2024 | 0.92 | +£63k |
| 2023 | 0.86 | -£171k |
| 2022 | 1.23 | -£208k |
| 2021 | 1.36 | — |
| 2020 | 0.99 | — |
Derived from filed accounts. Not audited figures.