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Vibrant Coatings Ltd

12817559

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD WORKSHOP, SHEFFIELD, S11 9PA
Incorporated 17/08/2020

Compliance

Last accounts

31/01/2026

micro entity

Next accounts due

31/10/2027

On track

Confirmation statement

Last: 04/01/2026

Due 18/01/2027

On track

Industry

43341
Painting

Officers

Mr Adam William Thompson

director · Since 17/08/2020

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 4 other boards

Persons with Significant Control

Mr Adam William Thompson

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 37

The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA

Notified 17/08/2020

Former PSCs

Mrs Kimberly Anne Thompson

Ceased 12/12/2023

Charges1 outstanding

Charge
outstanding

MITSUBISHI HC CAPITAL UK PLC

Created 18/11/2025Registered 18/11/2025

CompanyRankvs 8807+ SIC 43341 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2026

Net Worth

-£59k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£176k

Current Liabilities

£221k

Fixed Assets

£13k

7avg. employees

Balance Sheet

Assets less current liabilities-£32k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.80+£2k
20250.71-£54k
20240.87
20231.04
20221.57

Derived from filed accounts. Not audited figures.