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Veracity Systems Limited

04316461

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 5, COURTYARD 31, NORMANTON, WF6 1JU
Incorporated 05/11/2001

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/10/2025

Due 05/11/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Alastair Campbell Mcleod

director · Since 06/12/2016

DIRECTOR

BRITISH · SCOTLAND · Age 70

Also on 4 other boards

Mr Joseph Richard Hainsworth Barry

director · Since 01/04/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Persons with Significant Control

Veracity Uk Limited

75–100% shares

Prestwick International Aerospace Park, 4 Dow Road, Prestwick, KA9 2TU

Notified 05/12/2016

Former PSCs

Mr Hugh Anthony Frederick Barker

Ceased 05/12/2016

Charges2 outstanding

Charge
outstanding

OAKNORTH BANK PLC AS SECURITY TRUSTEE

Created 22/11/2024Registered 27/11/2024
Charge
outstanding

HSBC UK BANK PLC

Created 22/10/2019Registered 05/11/2019

CompanyRankvs 273+ SIC 62012 peers
79

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.39× · 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 31/12/2024

Net Worth

£357k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£397k

Working capital

Current Assets

£682k

Current Liabilities

£285k

Fixed Assets

£167k

Debtors

£651k

15avg. employees+1

Balance Sheet

Assets less current liabilities£564k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.39+£0
20234.23

Derived from filed accounts. Not audited figures.