Contract Vinyls Ltd
12583090
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2024
micro entity
Next accounts due
31/05/2026
Confirmation statement
Last: 03/05/2026
Due 17/05/2027
Industry
Officers
director · Since 04/05/2020
COMMERCIAL FITTER
BRITISH · UNITED KINGDOM · Age 40
Also on 1 other board
Persons with Significant Control
Mr Salim Vali Patel
British · United Kingdom · Age 40
42, 42 Colchester Road, Leicester, LE5 2DF
Notified 04/05/2020
CompanyRankvs 23745+ SIC 43290 peers30
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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 31/05/2024
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£2k
Current Liabilities
£6k
Fixed Assets
£1
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.42 | -£8k |
| 2023 | 0.39 | +£752 |
| 2022 | 0.47 | -£286 |
| 2021 | 0.50 | — |
Derived from filed accounts. Not audited figures.