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V Shack Limited

13655579

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

V SHACK TUTBURY AVENUE, DERBY, DE23 3AT
Incorporated 01/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Charanjot Singh Girn

director · Since 01/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 23

Mr Gurnam Singh Girn

director · Since 01/10/2021

IT CONSULTANT

BRITISH · ENGLAND · Age 54

Mrs Mandeep Kaur Girn

director · Since 25/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Gurnam Singh Girn

25–50% shares
25–50% votes

British · United Kingdom · Age 54

V Shack, Tutbury Avenue, Derby, DE23 3AT

Notified 01/10/2021

Mr Charanjot Singh Girn

25–50% shares
25–50% votes

British · England · Age 23

V Shack, Tutbury Avenue, Derby, DE23 3AT

Notified 31/03/2022

Mrs Mandeep Kaur Girn

25–50% shares
25–50% votes

British · England · Age 50

V Shack, Tutbury Avenue, Derby, DE23 3AT

Notified 31/03/2022

CompanyRankvs 30529+ SIC 56103 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£203k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£283k

Working capital

Current Assets

£19k

Current Liabilities

£306k

Fixed Assets

£80k

7avg. employees+2

Tax at Year End(2024)

Corp tax£4k
VAT£4k

Director Loans(2024)

Company owes directors£259k

Balance Sheet

Assets less current liabilities-£203k
Signed by Mr Gurnam Singh Girn 16/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.06-£60k
20240.13-£35k£71k
20230.11-£52k£47k
20220.11

Derived from filed accounts. Not audited figures.