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The Verat Group Ltd

08181164

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BRITANNIA BUILDINGS, CHORLEY, PR6 7BX
Incorporated 15/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Elizabeth Porter

director · Since 15/08/2012

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Persons with Significant Control

Mrs Elizabeth Porter

75–100% shares
75–100% votes

British · England · Age 61

Britannia Buildings, Drumhead Road, Chorley, PR6 7BX

Notified 15/08/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 06/01/2023Registered 06/01/2023
Charge
outstanding

HSBC UK BANK PLC

Created 03/11/2022Registered 05/11/2022
Charge
satisfied

SHELLEY JOY GREEN · JOHN ALEXANDER GREEN

Created 11/04/2014Registered 30/04/2014Satisfied 12/02/2019

CompanyRankvs 11161+ SIC 82990 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 9.17× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees6/15 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.

Longevity14/15 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 31/01/2025

Net Worth

£2.4M

Balance sheet strength

Cash

£689k

Cash in the bank

Net Current Assets

£614k

Working capital

Current Assets

£689k

Current Liabilities

£75k

Fixed Assets

£3.8M

Debtors

£441

1avg. employees

Balance Sheet

Assets less current liabilities£4.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20259.17+£47k
202412.50+£585k
20232.40
2021480.00
20200.02+£30k

Derived from filed accounts. Not audited figures.