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Verulam London Limited

09169194

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)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

364-368 CRANBROOK RD, LONDON, IG2 6HY
Incorporated 11/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Rishi Lakhani

director · Since 11/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mr Shyam Lakhani

director · Since 26/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 11 other boards

Persons with Significant Control

Millennium Cash & Carry Limited

75–100% shares
75–100% votes
Appoint directors

364-368, Cranbrook Road, Ilford, IG2 6HY

Reg: 03890320 · Companies House · Limited Company

Notified 06/04/2016

Mr Rishi Vasantkumar Lakhani

Significant control

British · England · Age 44

364-368, Cranbrook Road, Ilford, IG2 6HY

Notified 06/04/2016

Mrs Panna Mashru

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

British · England · Age 68

364-368, Cranbrook Road, Ilford, IG2 6HY

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 28/03/2024Registered 05/04/2024
Charge
outstanding

HSBC UK BANK PLC

Created 28/03/2024Registered 05/04/2024
Charge
satisfied

INVESTEC BANK PLC

Created 13/11/2020Registered 17/11/2020Satisfied 02/04/2024
Charge
satisfied

INVESTEC BANK PLC

Created 13/11/2020Registered 17/11/2020Satisfied 02/04/2024
Charge
satisfied

INVESTEC BANK PLC

Created 13/11/2020Registered 17/11/2020Satisfied 02/04/2024
Charge
satisfied

LLOYDS BANK PLC

Created 11/08/2020Registered 13/08/2020Satisfied 14/12/2020
Charge
satisfied

LLOYDS BANK PLC

Created 29/10/2015Registered 29/10/2015Satisfied 14/12/2020
Charge
satisfied

LLOYDS BANK PLC, MID MARKETS SECURITIES DEPT. 5TH FLOOR, 110 ST VINCENT STREET, GLASGOW G2 5ER

Created 27/10/2014Registered 03/11/2014Satisfied 14/12/2020
Charge
satisfied

LLOYDS BANK PLC, WBM SECURITIES DEPARTMENT, 5TH FLOOR, 110 ST VINCENT STREET, GLASGOW G2 5ER

Created 27/10/2014Registered 03/11/2014Satisfied 14/12/2020

CompanyRankvs 82007+ SIC 68209 peers
41

Financial strength99th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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82007Verulam London Limited
56
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.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/05/2025

Turnover

£1.2M

Annual revenue

Net Worth

£10.0M

Balance sheet strength

Cash

£589k

Cash in the bank

Profit Before Tax

£444k

Bottom line earnings

Net Current Assets

-£890k

Working capital

Current Assets

£2.8M

Current Liabilities

£3.7M

Fixed Assets

£16.6M

Debtors

£2.2M

Admin Expenses

£358k

Operating Profit

£824k

Profit After Tax

£276k

0avg. employees

Balance Sheet

Bank loans & overdrafts£4.8M
Assets less current liabilities£15.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.76+£0
20250.76—

Derived from filed accounts. Not audited figures.