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V1ce Limited

12581711

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

38A-42A ORMSKIRK ROAD, PRESTON, PR1 2QP
Incorporated 01/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Charles Falodun

director · Since 01/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Ian Mcdonald

director · Since 08/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Mike Davies

director · Since 15/02/2023

COMPANY DIRECTOR

BRITISH · WALES · Age 67

Also on 2 other boards

Mr Francis Oluwafisayo Falodun

director · Since 08/06/2023

CONSULTANT

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Francis Oluwafisayo Falodun

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

38a-42a, Ormskirk Road, Preston, PR1 2QP

Notified 01/05/2020

Haydn Price

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

38a-42a, Ormskirk Road, Preston, PR1 2QP

Notified 01/05/2020

CompanyRankvs 17532+ SIC 47990 peers
40

Financial strength7th percentile among SIC peers · 2/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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17532V1ce Limited
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How is this score calculated?
Financial strength2/25 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.

Longevity6/15 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 31/05/2025

Net Worth

-£25k

Balance sheet strength

Cash

£158

Cash in the bank

Net Current Assets

-£367k

Working capital

Current Assets

£290k

Current Liabilities

£658k

Fixed Assets

£342k

Debtors

£120k

15avg. employees

Balance Sheet

Intangible assets£312k
Assets less current liabilities-£25k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44+£0
20250.44-£134k
20240.80-£76k
20231.15-£268k
20223.00+£411k
20211.01—

Derived from filed accounts. Not audited figures.