Company Overview
Snap Vision Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 17 January 2020. Snap Vision Ltd has been in business for 6 years and 2 months. The accounts status is audit exemption subsidiary and the accounts are next due on Saturday 28 February 2026.
Registered Address

Building 1000 Cambridge Research Park, Cambridge, Cambridgeshire, CB25 9PD
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Companies House Data
Company NameSNAP VISION LTD
Company Number12411246
Registered Office AddressBuilding 1000 Cambridge Research Park
 CB25 9PD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/01/2020
Accounting Reference Date Day29
Accounting Reference Date Month2
Accounts Next Due Date30/11/2026
Accounts Last Made Up Date28/02/2025
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date14/02/2021
Directors & Members
Show Resigned
Julius Stobbs - Director
(British, 51 years old, born August 1975)
Appointed 21 June 2023
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 28-Feb-2025 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 32,401 32,401 43,045
Current Assets 171,227 171,227 411,302
Creditors Due Within One Year 46,222 46,222 15,673
Working Cap 125,005 125,005 395,629
Total Assets Less Current Liabilities 157,406 157,406 438,674
Long-term Liabilities 41,778 41,778 2,721
Net Assets 115,628 115,628 435,953
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 115,628 115,628 435,953
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2025 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 15.9% 15.9% 9.5%
Stocks Inventory - - -
Debtors 74.2% 74.2% 21.2%
Cash Bank In Hand 9.9% 9.9% 69.3%
Current Assets 84.1% 84.1% 90.5%
Creditors Due Within One Year 22.7% 22.7% 3.4%
Net Current Assets Liabilities 61.4% 61.4% 87.1%
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 56.8% 56.8% 96.0%
Capital Employed - - -
Total Assets Less Current Liabilities 77.3% 77.3% 96.6%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2025 31-Dec-2022 31-Dec-2021
Liquidity Ratio 3.7 3.7 26.2
Solvency Ratio 2.3 2.3 24.7
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 28-Feb-2025 31-Dec-2022 31-Dec-2021
Assets 203,628 203,628 454,347
Debt 88,000 88,000 18,394
Net Assets/Debt 115,628 115,628 435,953

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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
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Document Filings
Confirmation statement made on 27 October 2025 with no updates
Audit exemption statement of guarantee by parent company for period ending 29/02/24
Consolidated accounts of parent company for subsidiary company period ending 29/02/24
Notice of agreement to exemption from audit of accounts for period ending 29/02/24
Confirmation statement made on 27 October 2024 with updates
Notification of Obviously Group Limited as a person with significant control on 9 July 2024
Cessation of Stobbs (Ip) Ltd as a person with significant control on 9 July 2024
Previous accounting period extended from 31 December 2023 to 29 February 2024
Compulsory strike-off action has been discontinued
Confirmation statement made on 27 October 2023 with updates
First Gazette notice for compulsory strike-off
Appointment of Mr Julius Edward Benedick Stobbs as a director on 21 June 2023
Registered office address changed from Building 423 - Sky View (Ro) Argosy Road East Midlands Airport Derby DE74 2SA England to Building 1000 Cambridge Research Park Cambridge Cambridgeshire CB25 9PD on 22 June 2023
Notification of Stobbs (Ip) Ltd as a person with significant control on 21 June 2023
Cessation of Jennifer Claire Griffiths as a person with significant control on 21 June 2023
Termination of appointment of Ian Leathley Milbourn as a director on 21 June 2023
Termination of appointment of Jennifer Claire Griffiths as a director on 21 June 2023
Termination of appointment of Eric Michael Kirwan as a director on 21 June 2023
Termination of appointment of Jennifer Claire Griffiths as a secretary on 21 June 2023
Statement of capital following an allotment of shares on 21 June 2023
Registered office address changed from 2 Underwood Row London N1 7LQ United Kingdom to Building 423 - Sky View (Ro) Argosy Road East Midlands Airport Derby DE74 2SA on 4 April 2023

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