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Md Vision Limited

12955190

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

63-65 HIGH STREET, HITCHIN, SG5 3PT
Incorporated 15/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Amit Devchandbhai Kathrotiya

director · Since 15/10/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Mr Sagar Soni

director · Since 15/10/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Amit Devchandbhai Kathrotiya

Significant control

British · United Kingdom · Age 46

61, Hallwicks Road, Luton, LU2 9BG

Notified 15/10/2020

Mr Sagar Soni

Significant control

British · United Kingdom · Age 42

7, Raynham Way, Luton, LU2 9SH

Notified 15/10/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 12/02/2021Registered 16/02/2021

CompanyRankvs 10854+ SIC 47110 peers
41

Financial strength60th percentile among SIC peers · 15/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.37× · 2/20
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 strength15/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 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.

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 31/10/2024

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£31k

Current Liabilities

£85k

Fixed Assets

£68k

7avg. employees-2

Balance Sheet

Assets less current liabilities£14k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.37+£2k
20230.39-£18k
20220.22+£13k
20210.29

Derived from filed accounts. Not audited figures.