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Visionary Renovations Ltd

14650030

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

UNIT 3A RED SQUIRREL STORAGE, ST HELENS, WA9 1HS
Incorporated 08/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation
43310
Plastering
43320
Joinery installation
43390
Other building completion and finishing

Officers

Mr Deimantas Zagreckas

director · Since 01/03/2023

COMPANY DIRECTOR

LITHUANIAN · ENGLAND · Age 32

Persons with Significant Control

Mr Deimantas Zagreckas

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

Lithuanian · England · Age 32

Unit 3a, Red Squirrel Storage, St Helens, WA9 1HS

Notified 08/09/2023

Former PSCs

Mr Mangirdas Darulis

Ceased 08/09/2023

CompanyRankvs 31070+ SIC 43220 peers
34

Financial strength1th percentile among SIC peers · 0/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity3 years trading (max 15) · 3/15
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.

Employees14/15 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.

Longevity3/15 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 28/02/2025

Net Worth

-£72k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£81k

Working capital

Current Assets

£7k

Current Liabilities

£88k

Fixed Assets

£16k

Debtors

£610

6avg. employees

Tax at Year End

VAT£36k

Balance Sheet

Assets less current liabilities-£64k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.08-£22k£715k
2024£250k

Derived from filed accounts. Not audited figures.