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Vrai International Ltd

12172488

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3 THRESHELFORDS BUSINESS PARK INWORTH ROAD, COLCHESTER, CO5 9SE
Incorporated 23/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62090
Other information technology service activities
74909
Other professional, scientific and technical activities
96090
Other personal service activities

Officers

Mr Niall Campion

director · Since 23/08/2019

MANAGING DIRECTOR

IRISH · IRELAND · Age 45

Mr Patrick O'Connor

director · Since 23/08/2019

MANAGING DIRECTOR

IRISH · IRELAND · Age 46

True Communication Technologies Ltd

director · Since 23/08/2019

Persons with Significant Control

True Communication Technologies Ltd

75–100% shares
75–100% votes

3rd Floor, Skylab, 1-2 Exchange St Upper, Dublin 8

Reg: 3513426bh · Ireland · Ltd

Notified 23/08/2019

Charges1 outstanding

Charge
outstanding

INNOVATEUK LOANS LIMITED

Created 30/06/2023Registered 15/07/2023

CompanyRankvs 1672+ SIC 58290 peers
54

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity2/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2025

Net Worth

£1.8M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£111k

Current Liabilities

£1.7M

Fixed Assets

£12k

11avg. employees+5

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£737k
20240.32+£533k
20230.49+£436k
20220.66+£2k
20210.59

Derived from filed accounts. Not audited figures.