Vlax Ltd
13614422
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/09/2021
ELECTRICIAN
ROMANIAN · UNITED KINGDOM · Age 55
Also on 1 other board
Persons with Significant Control
Mr Viorel Solomei
Romanian · United Kingdom · Age 55
Unit A3, Gateway Tower, 32 Western Gateway, London, E16 1YL
Notified 10/09/2021
CompanyRankvs 40987+ SIC 43210 peers26
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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 30/09/2024
Net Worth
-£13k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£2k
Current Liabilities
£15k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.15 | -£4k |
| 2023 | 0.11 | -£6k |
| 2022 | 0.21 | — |
Derived from filed accounts. Not audited figures.