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Verify Technologies Limited

04640728

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

25 GRANVILLE STREET, SHREWSBURY, SY3 8NE
Incorporated 17/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Paul Simon Wassall

director · Since 17/01/2003

MANAGER

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Paul Simon Wassall

50–75% shares

British · United Kingdom · Age 56

25, Granville Street, Shrewsbury, SY3 8NE

Notified 01/09/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 10/04/2003Registered 23/04/2003

CompanyRankvs 34503+ SIC 43999 peers
28

Financial strength6th percentile among SIC peers · 2/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength2/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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 31/01/2026

Net Worth

-£18k

Balance sheet strength

Cash

£198

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£222

Current Liabilities

£18k

Fixed Assets

£188

Debtors

£24

1avg. employees-1

Tax at Year End

Corp tax£13k
VAT£3k

Director Loans

Company owes directors£225

Balance Sheet

Assets less current liabilities-£17k
Signed by Mr PAUL WASSALL 23/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20260.01+£6k£69k
2025-£2k£116k
20240.16+£761£116k
20230.38-£6k£65k
20220.76+£10k£55k
2021£40k

Derived from filed accounts. Not audited figures.