Company Overview
V2 Ply Lining Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 16 August 2010, so this is a well established company. V2 Ply Lining Ltd has been in business for 15 years and 7 months. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.
Registered Address

16 Malting Close, Newport Pagnell, Buckinghamshire, MK16 8NX
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Companies House Data
Company NameV2 PLY LINING LTD
Company Number07346047
Registered Office Address16 Malting Close
 MK16 8NX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/08/2010
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date13/09/2016
Returns Last Made Up Date16/08/2015
Directors & Members
Show Resigned
Ian Neilson - Director
(British, 57 years old, born March 1969)
Appointed 16 August 2010
 Active
Heidi Neilson - Director
(British, 54 years old, born July 1972)
Appointed 16 August 2012
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Ian Neilson
V2 MOTORCYCLES LTD
VEHICLES 2 U LIMITED
Heidi Neilson
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 5,485 5,485 6,414
Current Assets 67,934 67,934 60,721
Creditors Due Within One Year 48,894 48,894 31,913
Working Cap 19,040 19,040 28,808
Total Assets Less Current Liabilities 24,525 24,525 35,222
Long-term Liabilities 24,024 24,024 35,076
Net Assets 501 501 146
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 501 501 146
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 7.5% 7.5% 9.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 92.5% 92.5% 90.4%
Creditors Due Within One Year 66.6% 66.6% 47.5%
Net Current Assets Liabilities 25.9% 25.9% 42.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.7% 0.7% 0.2%
Capital Employed - - -
Total Assets Less Current Liabilities 33.4% 33.4% 52.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 1.4 1.4 1.9
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 73,419 73,419 67,135
Debt 72,918 72,918 66,989
Net Assets/Debt 501 501 146

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around MK16 8NX
SMARTERWORKSPACE LIMITED
31a Malting Close, Newport Pagnell, MK16 8NX
Document Filings
Confirmation statement made on 16 August 2025 with no updates
Director's details changed for Mr Ian Michael Neilson on 27 November 2024
Director's details changed for Mrs Heidi Louise Neilson on 27 November 2024
Change of details for Mr Ian Michael Neilson as a person with significant control on 27 November 2024
Change of details for Mrs Heidi Louise Neilson as a person with significant control on 27 November 2024
Registered office address changed from 19 Gatcombe Great Holm Milton Keynes MK8 9EA to 16 Malting Close Newport Pagnell Buckinghamshire MK16 8NX on 28 November 2024
Confirmation statement made on 16 August 2024 with no updates
Confirmation statement made on 16 August 2023 with no updates
Confirmation statement made on 16 August 2022 with no updates
Confirmation statement made on 16 August 2021 with no updates
Notification of Heidi Louise Neilson as a person with significant control on 6 April 2016
Confirmation statement made on 16 August 2020 with no updates
Confirmation statement made on 16 August 2019 with no updates
Confirmation statement made on 16 August 2018 with no updates
Confirmation statement made on 16 August 2017 with no updates
Confirmation statement made on 16 August 2016 with updates
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