Verge Labs Ltd
09192012
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 27/11/2025
Due 11/12/2026
Industry
Officers
director · Since 29/08/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 34
Also on 6 other boards
Persons with Significant Control
Mr Huzaifah Jeewa
British · England · Age 34
203, Westgate, Bradford, BD1 3AD
Notified 14/08/2016
Sajad Mahmood
English · United Kingdom · Age 43
203, Westgate, Bradford, BD1 3AD
Notified 04/01/2024
CompanyRankvs 14618+ SIC 47990 peers46
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
-£9k
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£25k
Working capital
Current Assets
£9k
Current Liabilities
£35k
Fixed Assets
£20k
Debtors
£424
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.27 | -£16k | £135k |
| 2023 | — | — | £85k |
| 2020 | 6.17 | +£25k | — |
| 2019 | 0.95 | -£8k | — |
| 2018 | 2.09 | — | — |
Derived from filed accounts. Not audited figures.