Verderg Pipe Technology Limited
08366997
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 21/01/2026
Due 04/02/2027
Industry
Officers
director · Since 21/01/2013
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 81
Also on 10 other boards
director · Since 04/10/2016
DIRECTOR
BRITISH · ENGLAND · Age 61
Persons with Significant Control
Mrs Mary Catherine Jane Roberts
British · England · Age 79
Sundial House, 98 High Street, Woking, GU21 4SU
Notified 31/05/2017
Former PSCs
Mr Peter Miles Roberts
Ceased 31/05/2017
CompanyRankvs 1578+ SIC 28990 peers42
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
for the company’s needs. The directors will not seek repayment of their loans in such a way to prejudice the company's ability to continue as a going concern. 2.3 Finance costs Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. I
Key FinancialsYear ending 31/03/2025
Net Worth
-£609k
Balance sheet strength
Cash
£38k
Cash in the bank
Net Current Assets
£20k
Working capital
Current Assets
£55k
Current Liabilities
£36k
Debtors
£17k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.56 | -£101k |
| 2024 | 1.79 | -£166k |
| 2023 | 0.15 | -£95k |
| 2022 | 0.22 | -£128k |
| 2021 | 0.41 | -£129k |
| 2020 | 1.09 | +£0 |
| 2019 | 2.70 | — |
Derived from filed accounts. Not audited figures.