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Viet Union Limited

14462161

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

C/O HIEN LE & CO, THE WENTA BUSINESS CENTRE, ENFIELD, EN3 7XU
Incorporated 04/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Long Nguyen Nhat Phan

director · Since 04/11/2022

BUSINESS PERSON

VIETNAMESE · UNITED KINGDOM · Age 31

Also on 2 other boards

Persons with Significant Control

Mr Long Nguyen Nhat Phan

75–100% shares
75–100% votes
Appoint directors

Vietnamese · United Kingdom · Age 31

39-41, Low Friar Street, Newcastle Upon Tyne, NE1 5UE

Notified 04/11/2022

CompanyRankvs 9537+ SIC 56101 peers
57

Financial strength75th percentile among SIC peers · 19/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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9537Viet Union Limited
56
How is this score calculated?
Financial strength19/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 30/11/2024

Net Worth

£35k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£48k

Current Liabilities

£34k

Fixed Assets

£23k

4avg. employees

Balance Sheet

Assets less current liabilities£37k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40+£10k
20230.83—

Derived from filed accounts. Not audited figures.