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Godalming V.E. Limited

13440123

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

VISION EXPRESS MERE WAY, RUDDINGTON, NG11 6NZ
Incorporated 07/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Abbeyfield V.E. Limited

director · Since 07/06/2021

BRITISH

Also on 111 other boards

Carole Date-Chong

director · Since 03/02/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Persons with Significant Control

Abbeyfield V.E. Limited

50–75% shares
50–75% votes

Vision Express, Ruddington Fields Business Park, Ruddington, NG11 6NZ

Reg: 03104285 · Companies House, England And Wales · Private Limited Company

Notified 07/06/2021

Carole Date-Chong

25–50% shares
25–50% votes

British · United Kingdom · Age 32

Vision Express Mere Way, Ruddington Fields Business Park, Ruddington, NG11 6NZ

Notified 03/02/2025

Former PSCs

Mr Yousif Al Tamimy

Ceased 03/02/2025

Charges1 outstanding

Charge
outstanding

ABBEYFIELD V.E. LIMITED

Created 13/12/2021Registered 21/12/2021

CompanyRankvs 39269+ SIC 96090 peers
41

Financial strength86th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

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.

Longevity5/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£73k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

£26k

Bottom line earnings

Net Current Assets

-£4k

Working capital

Current Assets

£204k

Current Liabilities

£208k

Fixed Assets

£79k

Debtors

£33k

Admin Expenses

£437k

Profit After Tax

£65k

4avg. employees

Tax at Year End

Corp tax£0
Dividends paid£63k

People Costs

Wages & salaries£195k

Balance Sheet

Intangible assets£46k
Assets less current liabilities£75k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98+£19k
20230.81+£2k
20220.73

Derived from filed accounts. Not audited figures.