Verve Distribution Limited
09546576
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Andrew Kelly
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 peers60
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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 31/03/2025
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
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 2.19 |
| 2024 | 1.52 |
| 2023 | 1.40 |
| 2022 | 1.30 |
| 2021 | 1.38 |
| 2020 | 1.33 |
| 2019 | 1.40 |
Derived from filed accounts. Not audited figures.