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Verlec Limited

05358569

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

36 THE KINGFISHERS, DORSET, BH31 6NP
Incorporated 09/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mrs Claire Alison Speer

secretary · Since 09/02/2005

BRITISH · ENGLAND · Age 60

Also on 5 other boards

Mrs Claire Alison Speer

director · Since 09/02/2005

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 5 other boards

Mr Mark Robert Speer

director · Since 09/02/2005

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Mark Robert Speer

50–75% shares

British · England · Age 58

36 The Kingfishers, Dorset, BH31 6NP

Notified 06/04/2016

Mrs Claire Alison Speer

25–50% shares

British · England · Age 60

36 The Kingfishers, Dorset, BH31 6NP

Notified 06/04/2016

CompanyRankvs 1639+ SIC 43210 peers
83

Financial strength98th percentile among SIC peers · 25/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 13.21× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees8/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.2M

Current Liabilities

£87k

Fixed Assets

£17k

Debtors

£1.1M

2avg. employees

Tax at Year End

Corp tax£19k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr Mark Speer 23/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202513.21+£3k
202422.84+£14k
202315.72+£89k£43k
202224.44-£60
202112.14

Derived from filed accounts. Not audited figures.