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Verve Distribution Limited

09546576

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

LOWRY MILL, MANCHESTER, M27 6DB
Incorporated 16/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Andrew Kelly

director · Since 16/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 57

Gabriel Nolan

director · Since 16/04/2015

ACCOUNTANT

IRISH · IRELAND · Age 70

Elaine Ralph

director · Since 16/04/2015

DIRECTOR

IRISH · IRELAND · Age 57

Persons with Significant Control

Mr Andrew Kelly

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

British · England · Age 57

Lowry Mill, Lees Street, Manchester, M27 6DB

Notified 30/03/2020

Former PSCs

Gabriel Nolan

Ceased 30/03/2020

Elaine Ralph

Ceased 30/03/2020

Lester Horsfall

Ceased 15/04/2019

CompanyRankvs 20015+ SIC 62090 peers
60

Financial strength49th percentile among SIC peers · 12/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity11 years trading (max 15) · 11/15
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.

Employees2/15 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.

Longevity11/15 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 31/03/2025

Net Worth

£717

Balance sheet strength

Cash

£163k

Cash in the bank

Net Current Assets

£651k

Working capital

Current Assets

£1.2M

Current Liabilities

£547k

Fixed Assets

£2k

Debtors

£911k

0avg. employees-9

Tax at Year End(2021)

Dividends paid£75k

Balance Sheet

Intangible assets£0
Assets less current liabilities£653k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20252.19
20241.52
20231.40
20221.30
20211.38
20201.33
20191.40

Derived from filed accounts. Not audited figures.