Company Overview
Vsp88 Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 24 May 2018, so this is a well established company. Vsp88 Limited has been in business for 7 years and 10 months. The accounts status is total exemption full and the accounts are next due on Saturday 28 February 2026.
Registered Address

291B Melton Road, Leicester, LE4 7AN
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Companies House Data
Company NameVSP88 LIMITED
Company Number11380133
Registered Office Address291b Melton Road
 LE4 7AN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/05/2018
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2026
Accounts Last Made Up Date31/05/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date21/06/2019
Directors & Members
Show Resigned
Viral Pala - Director
(British, 49 years old, born April 1977)
Appointed 24 May 2018
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Viral Pala
88 CAPITAL INVESTMENT LIMITED
BLOOMSBURRY 88 LIMITED
GLOBAL CREST 88 LTD
IICEO LIMITED
LEVEL BLACK LTD
NEA 88 LIMITED
QHEAD LTD
TAURPIO888 LIMITED
VSP8 HOLDINGS LLP
Balance Sheet Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 8,994,642 8,994,642 6,697,510
Current Assets 246,298 246,298 222,040
Creditors Due Within One Year 1,126,618 1,126,618 153,578
Working Cap -880,320 -880,320 68,462
Total Assets Less Current Liabilities 8,114,322 8,114,322 6,765,972
Long-term Liabilities 8,252,264 8,252,264 6,709,275
Net Assets -137,942 -137,942 56,697
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -137,942 -137,942 56,697
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 97.3% 97.3% 96.8%
Stocks Inventory - - -
Debtors - - 3.1%
Cash Bank In Hand - - 0.2%
Current Assets 2.7% 2.7% 3.2%
Creditors Due Within One Year 12.2% 12.2% 2.2%
Net Current Assets Liabilities -9.5% -9.5% 1.0%
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 -1.5% -1.5% 0.8%
Capital Employed - - -
Total Assets Less Current Liabilities 87.8% 87.8% 97.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Liquidity Ratio 0.2 0.2 1.4
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 55
Mortgages Outstanding 40
Mortgages Part Satisfied 1
Mortgages Satisfied 14
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Assets 9,240,940 9,240,940 6,919,550
Debt 9,378,882 9,378,882 6,862,853
Net Assets/Debt -137,942 -137,942 56,697

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
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Document Filings
Registration of charge 113801330054, created on 22 August 2025
Registration of charge 113801330055, created on 22 August 2025
Registration of charge 113801330053, created on 27 March 2025
Registration of charge 113801330051, created on 3 April 2025
Registration of charge 113801330052, created on 3 April 2025
Confirmation statement made on 24 March 2025 with updates
Change of details for Mr Viral Surendra Pala as a person with significant control on 1 January 2025
Notification of Vinay Pala as a person with significant control on 1 January 2025
Confirmation statement made on 9 March 2025 with no updates
Registration of charge 113801330050, created on 4 March 2025
Satisfaction of charge 113801330039 in full
Registration of charge 113801330048, created on 21 February 2025
Registration of charge 113801330049, created on 21 February 2025
Registration of charge 113801330047, created on 17 February 2025
Registration of charge 113801330045, created on 14 February 2025
Registration of charge 113801330046, created on 14 February 2025
Resolutions
Registration of charge 113801330044, created on 14 January 2025
Registration of charge 113801330043, created on 23 December 2024
Satisfaction of charge 113801330033 in full
Satisfaction of charge 113801330032 in full
Satisfaction of charge 113801330035 in part
Registration of charge 113801330041, created on 7 October 2024
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