Back to search

Welwyn Gc V.E. Limited

12368379

active
Private Limited Company
england wales
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)
  • Going concern doubt noted in accounts (-10)

Details

VISION EXPRESS RUDDINGTON FIELDS BUSINESS PARK, NOTTINGHAM, NG11 6NZ
Incorporated 17/12/2019

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/12/2025

Due 30/12/2026

On track

Industry

96090
Other personal service activities

Officers

Abbeyfield V.E. Limited

director · Since 17/12/2019

BRITISH

Also on 111 other boards

Nikil Mehta

director · Since 02/02/2026

BRITISH · UNITED KINGDOM · Age 35

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 17/12/2019

Nikil Mehta

25–50% shares
25–50% votes

British · United Kingdom · Age 35

Vision Express, Ruddington Fields Business Park, Nottingham, NG11 6NZ

Notified 02/02/2026

CompanyRankvs 34146+ SIC 96090 peers
54

Financial strength86th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Air Compressors & Tools Ltd
90
2Horobin,Limited
90
3William Powell Limited
90
4R.French And Son Limited
90
5Fine Grinding Limited
90
6Pritchard Patent Product Co. Limited
90
7Willowcrete Manufacturing Company Limited
90
8Universal Display Fittings Co. Limited
90
9Bryony House Limited
90
10Newgate Kennels Limited
90
34146Welwyn Gc V.E. Limited
59
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

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

£71k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

£27k

Bottom line earnings

Net Current Assets

-£39k

Working capital

Current Assets

£271k

Current Liabilities

£310k

Fixed Assets

£115k

Debtors

£45k

Admin Expenses

£573k

Profit After Tax

£15k

9avg. employees

Tax at Year End

Corp tax£2k
Dividends paid£77k

People Costs

Wages & salaries£220k

Balance Sheet

Intangible assets£65k
Assets less current liabilities£76k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£52k
20230.93—

Derived from filed accounts. Not audited figures.