Verity Medical Limited
03515848
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 29/09/2025
Due 13/10/2026
Industry
Officers
Richard James Reynolds-Hale
director · Since 21/04/2010
British
Nigel Verity
director · Since 24/02/1998
British
Former
Terry Clifford Harley
secretary · Resigned 24/01/2011
James Edward Oliver
secretary · Resigned 21/04/2010
Nigel Verity
secretary · Resigned 08/03/1999
Highstone Secretaries Limited
corporate nominee secretary · Resigned 24/02/1998
James Edward Oliver
director · Resigned 20/07/2010
Highstone Directors Limited
corporate nominee director · Resigned 24/02/1998
CompanyRankvs 105+ SIC 26600 peers87
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£1.7M
Balance sheet strength
Cash
£124k
Cash in the bank
Net Current Assets
£1.9M
Working capital
Current Assets
£2.4M
Current Liabilities
£512k
Fixed Assets
£16k
Debtors
£2.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.64 | +£73k |
| 2023 | 3.72 | +£574k |
| 2017 | 5.32 | — |
Derived from filed accounts. Not audited figures.