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Verous Engineering & Services Limited

08313230

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

13 BRITANNIA WAY, NORWICH, NR5 0UW
Incorporated 29/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Samuel Umamwenretin Onaiwi

director · Since 29/11/2012

ENGINEER

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Samuel Umamwenretin Onaiwi

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

British · England · Age 46

13, Britannia Way, Norwich, NR5 0UW

Notified 20/11/2016

CompanyRankvs 2036+ SIC 71121 peers
66

Financial strength46th percentile among SIC peers · 12/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 6.3× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£19k

Current Liabilities

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20246.30-£12k
202310.91-£6k
20226.02+£16k
20218.60-£7k
20206.13-£2k
20191.97+£8k
20182.04

Derived from filed accounts. Not audited figures.