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Ver Limited

03394956

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

MANOR HOUSE, HUNSTANTON, PE36 6LW
Incorporated 30/06/1997

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds
01130
Growing of vegetables and melons, roots and tubers

Officers

Mr Vernon Edward Read

director · Since 30/06/1997

MANAGER

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Mrs Lucy Jane Read

secretary · Since 31/08/1999

CONSULTANT

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mrs Lucy Jane Read

director · Since 31/08/1999

CONSULTANT

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mrs Lucy Jane Read

25–50% shares
25–50% votes

British · England · Age 55

Witham House, Main Road, Boston, PE22 7AJ

Notified 06/04/2016

Mr Vernon Edward Read

25–50% shares
25–50% votes

British · England · Age 57

Manor House, Holme Next The Sea, Hunstanton, PE36 6LW

Notified 06/04/2016

Former PSCs

Mrs Lucy Jane Read

Ceased 24/07/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 23/02/2021Registered 26/02/2021
charge
satisfied

AMC BANK LIMITED

Created 28/10/2009Registered 05/11/2009Satisfied 06/08/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/03/2001Registered 03/04/2001Satisfied 04/12/2009
charge
satisfied

LLOYDS TSB BANK PLC

Created 03/11/1999Registered 11/11/1999Satisfied 04/12/2009

CompanyRankvs 394+ SIC 01110 peers
69

Financial strength92th percentile among SIC peers · 23/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 13.35× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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394Ver Limited
79
How is this score calculated?
Financial strength23/25 pts

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

Employees6/15 pts

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

Liquidity20/20 pts

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

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£7.4M

Balance sheet strength

Cash

£322k

Cash in the bank

Net Current Assets

£3.3M

Working capital

Current Assets

£3.6M

Current Liabilities

£270k

Fixed Assets

£4.1M

Debtors

£3.3M

2avg. employees

Tax at Year End

Corp tax£219k

Balance Sheet

Assets less current liabilities£7.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202513.35+£279k
20244.04+£1.1M
20231.52+£475k
20220.58+£561k
20210.41+£730k
20201.13+£339k
20191.79—

Derived from filed accounts. Not audited figures.