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Venntro Media Group Limited

04880697

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

LEONARD CURTIS, 9TH FLOOR, LEEDS, LS1 5HD
Incorporated 28/08/2003

Compliance

Last accounts

31/12/2022

group

Next accounts due

30/09/2024

Overdue

Confirmation statement

Last: 28/08/2023

Due 11/09/2024

Overdue

Industry

62090
Other information technology service activities
96090
Other personal service activities

Officers

Ross Williams

director · Since 28/08/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr David John Benjamin Adams

director · Since 01/10/2022

CHIEF OPERATING OFFICER

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Persons with Significant Control

Mr Ross Williams

50–75% shares
50–75% votes
Appoint directors

British · England · Age 48

First Floor, The Switch, 1-7 The Grove, Slough, SL1 1QP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 21/01/2020Registered 23/01/2020

Insolvency History1 case

in administration

Sean Williams (practitioner) · Iain David Nairn (practitioner)

CompanyRankvs 15+ SIC 62090 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriat

Key FinancialsYear ending 31/12/2021

Turnover

£9.7M

Annual revenue

Net Worth

£2.1M

Balance sheet strength

Cash

£153k

Cash in the bank

Profit Before Tax

-£561k

Bottom line earnings

Net Current Assets

—

Working capital

Current Assets

£3.4M

Current Liabilities

£2.5M

Fixed Assets

£1.7M

Debtors

£3.2M

Cost of Sales

£5.4M

Gross Profit

£4.3M

Admin Expenses

£3.3M

Operating Profit

-£543k

Profit After Tax

-£359k

33avg. employees

People Costs

Wages & salaries£1.5M
NI contributions£241k

Balance Sheet

Intangible assets£1.6M
Bank loans & overdrafts£491k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20211.32

Derived from filed accounts. Not audited figures.