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Vertical Plus Limited

04187838

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O GATELEY LEGAL, SHIP CANAL HOUSE, MANCHESTER, M2 4WU
Incorporated 27/03/2001

Compliance

Last accounts

31/03/2025

audit exemption subsidiary

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/04/2026

Due 10/05/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Richard Alan Lightfoot

secretary · Since 01/10/2022

Mr Iain Stewart Brown

director · Since 01/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 6 other boards

Mr Gavin Graham Cockerill

director · Since 01/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 15 other boards

Mr Justin Smith

director · Since 01/12/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Software Circle Plc

75–100% shares
75–100% votes
Appoint directors

C/O Gateley Legal, Ship Canal House, Manchester, M2 4WU

Reg: 03983312 · Companies House · Public Limited Company

Notified 01/10/2022

Former PSCs

Mr David Mark Gadd

Ceased 01/05/2018

Mrs Nicola Jill Bonning

Ceased 01/05/2018

Mr David Mark Gadd

Ceased 01/10/2022

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 22/11/2024Registered 27/11/2024

CompanyRankvs 4840+ SIC 62012 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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 31/03/2021

Net Worth

£1.2M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£347k

Fixed Assets

£20k

Debtors

£445k

27avg. employees+1

Balance Sheet

Assets less current liabilities£1.2M
Signed by 04187838 2020-04-01 2021-03-31 04187838 2021-03-31 04187838 bus: 1 1 2021-03-31 04187838 bus:OrdinaryShareClass1 2021-03Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20214.27+£493k
20204.03+£234k
20193.41

Derived from filed accounts. Not audited figures.