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Vertere Limited

05980096

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)
  • Current liabilities exceed current assets (-10)

Details

5 OLIVER BUSINESS PARK, OLIVER ROAD, LONDON, NW10 7JB
Incorporated 27/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Azadeh Moghaddam

secretary · Since 27/10/2006

BRITISH

Also on 1 other board

Mr Touraj Moghaddam

director · Since 27/10/2006

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 6 other boards

Persons with Significant Control

Mr Touraj Moghaddam

50–75% shares

British · England · Age 68

5, Oliver Business Park, Oliver Road, London, NW10 7JB

Notified 06/04/2016

Former PSCs

Mrs Azadeh Moghaddam

Ceased 28/03/2025

Black Pearl Capital

Ceased 02/12/2024

CompanyRankvs 1947+ SIC 32990 peers
79

Financial strength68th percentile among SIC peers · 17/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 29.15× · 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 strength17/25 pts

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

Employees12/15 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 31/10/2024

Net Worth

£80k

Balance sheet strength

Cash

£431k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£46k

Fixed Assets

£37k

Debtors

£242k

9avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
202429.15+£27k
202312.07-£9k
20227.05-£62k
20215.77+£67k
20206.29-£164k
20193.99+£456k
20184.87

Derived from filed accounts. Not audited figures.