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Vernier Limited

05019736

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

THREE GABLES, HEMEL HEMPSTEAD, HP3 9HN
Incorporated 19/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing
71111
Architectural activities

Officers

Mr Robert Fennell

director · Since 02/11/2004

CHARTERED SURVEYOR

BRITISH · ENGLAND · Age 59

Norma Fennell

secretary · Since 28/06/2017

Garry Ward

director · Since 14/11/2017

NONE

BRITISH · UNITED KINGDOM · Age 66

Persons with Significant Control

Mr Robert James Michael Fennell

25–50% shares

British · England · Age 59

Three Gables, Corner Hall, Hemel Hempstead, HP3 9HN

Notified 01/07/2016

Mrs Norma Fennell

25–50% shares

British · England · Age 59

Three Gables, Corner Hall, Hemel Hempstead, HP3 9HN

Notified 28/06/2017

Former PSCs

Mr Ian Mark Daly

Ceased 28/06/2017

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 14/05/2006Registered 16/05/2006Satisfied 28/06/2019

CompanyRankvs 274+ SIC 43390 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.39× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.2M

Debtors

£844k

9avg. employees

Tax at Year End(2021)

Dividends paid£171k

Balance Sheet

Assets less current liabilities£1.6M
Signed by Mr R Fennell,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.39-£11k
20232.23
20213.27
20201.93
20191.54
20181.77

Derived from filed accounts. Not audited figures.