Victoria College Of Arts And Design Limited
13471203
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/06/2024
PROFESSOR
BRITISH · NORTHERN IRELAND · Age 67
Also on 8 other boards
director · Since 16/09/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 32
Also on 1 other board
Persons with Significant Control
Planet Education Network Ltd
116-120, Meridian Place, London, E14 9FE
Reg: 14282467 · Companies House · Limited By Share
Notified 30/09/2022
Former PSCs
Mr Md Ali Akbar Faruki
Ceased 30/09/2022
CompanyRankvs 380+ SIC 85421 peers56
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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.
Risk deductions
Going concern doubt: -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 going co
Key FinancialsYear ending 31/08/2024
Turnover
£865k
Annual revenue
Net Worth
£1.1M
Balance sheet strength
Cash
£538k
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
-£1.6M
Working capital
Current Assets
£3.7M
Current Liabilities
£5.3M
Fixed Assets
£2.7M
Debtors
£3.2M
Cost of Sales
£493k
Gross Profit
£372k
Admin Expenses
£2.7M
Operating Profit
£1.1M
Profit After Tax
£883k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.70 |
| 2023 | 1.09 |
| 2022 | 78.88 |
Derived from filed accounts. Not audited figures.