Vitaware Ltd
12503109
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Dr Philippe Georges Young
British · United Kingdom · Age 60
City Scape, 3, Mount Radford Crescent, Exeter, EX2 4EN
Notified 06/03/2020
CompanyRankvs 4632+ SIC 58290 peers38
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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.
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
-£326k
Balance sheet strength
Cash
£124k
Cash in the bank
Net Current Assets
-£350k
Working capital
Current Assets
£179k
Current Liabilities
£529k
Fixed Assets
£31k
Debtors
£55k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.34 | -£70k |
| 2024 | 0.46 | -£76k |
| 2023 | 0.36 | -£91k |
| 2022 | 0.65 | -£78k |
| 2021 | 0.45 | — |
Derived from filed accounts. Not audited figures.