Vessel Systems Ltd
12897191
Some Concerns
- Confirmation statement overdue (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 02/07/2025
Due 16/07/2026
Industry
Officers
Mr Avtar Singh
director · Since 12/09/2026
INDIAN · ENGLAND · Age 59
Former
director · Resigned 22/09/2020
director · Resigned 31/03/2023
director · Resigned 01/04/2023
director · Resigned 12/09/2026
Persons with Significant Control
Mr Avtar Singh
Indian · United Kingdom · Age 59
119, Liverpool Road, Newcastle, ST5 9ER
Notified 31/12/2024
Former PSCs
Mr Avtar Singh
Ceased 22/09/2020
Mr Scott Clements
Ceased 31/03/2023
Mr Ryan James Norton
Ceased 31/12/2024
Change History
Active
Private Limited Company
119 LIVERPOOL ROAD
NEWCASTLE
CompanyRankvs 11918+ SIC 42990 peers34
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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
£25k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£8k
Working capital
Current Assets
£8k
Current Liabilities
—
Fixed Assets
£17k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | +£15k |
| 2024 | 0.02 | +£12k |
| 2023 | 0.02 | — |
Derived from filed accounts. Not audited figures.