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Veritas Education Recruitment Ltd

09557497

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

7TH FLOOR, LONDON, EC3V 0HR
Incorporated 23/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Philip Poole

director · Since 18/05/2015

RECRUITMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Mr Feyisayo Olatunwa Ogunboye

director · Since 18/04/2017

MANAGEMENT ACCOUNTANT

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Veritas Education Group Holdings Ltd

75–100% shares
75–100% votes

Level 30, The Leadenhall Building, London, EC3V 4AB

Reg: 13458936 · Companies House · Private Limited Company

Notified 21/09/2021

Former PSCs

Mr Philip Poole

Ceased 21/09/2021

Charges3 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 16/04/2018Registered 16/04/2018
Charge
satisfied

CLOSE BROTHERS LTD ("THE SECURITY TRUSTEE")

Created 29/07/2015Registered 30/07/2015Satisfied 17/04/2018
Charge
outstanding

CHARTERHOUSE SOLUTIONS (SOUTH EAST) LIMITED

Created 24/06/2015Registered 01/07/2015
Charge
outstanding

PHILIP POOLE

Created 24/06/2015Registered 01/07/2015

CompanyRankvs 13949+ SIC 78109 peers
31

Financial strength44th percentile among SIC peers · 11/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 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.

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£200

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£548k

Working capital

Current Assets

£32k

Current Liabilities

£580k

Fixed Assets

£113k

Debtors

£32k

0avg. employees

Balance Sheet

Intangible assets£61k
Assets less current liabilities-£435k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05
20230.06-£111k
20220.43+£218k
20210.53+£167k
20200.49+£169k
20190.50-£94k
20180.47

Derived from filed accounts. Not audited figures.