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Vreo Innovation Limited

09681573

active
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
78 / 100

Some Concerns

20/30
Filing
20/30
Financial
38/40
Risk
  • Confirmation statement overdue (-10)
  • 1 outstanding charge (-2)

Details

6 Double Row, 6 Double Row, Seaton Delaval, NE25 0PP
Incorporated 13/07/2015

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 08/07/2025

Due 22/07/2026

Overdue

Industry

26120
Manufacture of loaded electronic boards
27900
Manufacture of other electrical equipment

Officers

Mr Mark William Vernon

director · Since 13/07/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Miss Karen Marie Weech

director · Since 13/07/2015

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Mark William Vernon

director · Since 13/07/2015

British · England · Age 57

Karen Marie Weech

director · Since 13/07/2015

British · England · Age 56

Persons with Significant Control

Miss Karen Marie Weech

25–50% shares
25–50% votes

British · England · Age 56

6 Double Row, 6 Double Row, Seaton Delaval, NE25 0PP

Notified 06/04/2016

Mr Mark William Vernon

50–75% shares
50–75% votes

British · England · Age 57

6 Double Row, 6 Double Row, Seaton Delaval, NE25 0PP

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 18/08/2025Registered 19/08/2025

Change History

statusactive
2026-08-18

Active

typeltd
2026-08-18

Private Limited Company

address line16 Double Row
2026-08-18

6 DOUBLE ROW

post townSeaton Delaval
2026-08-18

SEATON DELAVAL

officer appointedVERNON, Mark William
2026-08-18
officer appointedWEECH, Karen Marie
2026-08-18

CompanyRankvs 187+ SIC 26120 peers
50

Financial strength75th percentile among SIC peers · 19/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.24× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceOne filing overdue · 5/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

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

Liquidity12/20 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 compliance5/15 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 31/07/2026

Net Worth

£171k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£141k

Working capital

Current Assets

£725k

Current Liabilities

£584k

Fixed Assets

£202k

Debtors

£383k

11avg. employees+8

Tax at Year End(2025)

VAT£25k

Balance Sheet

Intangible assets£128k
Assets less current liabilities£343k
Signed by Mr Mark Vernon 09/09/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20261.24+£118k
20251.75+£0£494k
20251.75-£82k£494k
20242.04+£11k£256k
20232.75

Derived from filed accounts. Not audited figures.