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Vape Huts (Lincolnshire) Ltd

12307854

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

36 TYNDALL COURT, COMMERCE ROAD, PETERBOROUGH, PE2 6LR
Incorporated 11/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47260
Retail sale of tobacco products in specialised stores

Officers

Mr James Lewis Watt

director · Since 11/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Robert Wisken

director · Since 11/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr James Lewis Watt

25–50% shares

British · England · Age 42

36 Tyndall Court, Commerce Road, Lynch Wood, Peterborough, PE2 6LR

Notified 11/11/2019

Mr Robert Wisken

25–50% shares

British · United Kingdom · Age 44

36 Tyndall Court, Commerce Road, Lynch Wood, Peterborough, PE2 6LR

Notified 11/11/2019

Former PSCs

Mr David Martin Balls

Ceased 05/11/2020

CompanyRankvs 163+ SIC 47260 peers
76

Financial strength86th percentile among SIC peers · 22/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.37× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£68k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£109k

Current Liabilities

£46k

Fixed Assets

£3k

4avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.37+£37k
20232.63+£12k
20222.04+£3k
20212.00-£4k
20201.88

Derived from filed accounts. Not audited figures.