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Vertus Residential Management Limited

10070609

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

30TH FLOOR ONE CANADA SQUARE, LONDON, E14 5AB
Incorporated 18/03/2016

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/03/2026

Due 31/03/2027

On track

Industry

68320
Management of real estate on a fee or contract basis

Officers

Alastair Hugh Mullens

director · Since 13/06/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 12 other boards

Mr Shoaib Z Khan

director · Since 31/12/2019

CEO

AMERICAN · UNITED KINGDOM · Age 60

Also on 322 other boards

Mrs Rebecca Jane Worthington

director · Since 27/04/2021

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 298 other boards

Mr Jeremy Justin Turner

secretary · Since 06/12/2021

Also on 375 other boards

Mr Ian John Benham

director · Since 16/06/2023

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 47

Also on 312 other boards

Ms Susan Diane Morgan

secretary · Since 18/11/2024

Mr Jeremy Justin Turner

director · Since 31/12/2025

BRITISH · UNITED KINGDOM · Age 57

Also on 375 other boards

Persons with Significant Control

Canary Wharf Holdings Limited

75–100% shares
75–100% votes
Appoint directors

One, Canada Square, London, E14 5AB

Reg: 2798284 · Companies House, London · Private Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

TRIMONT REAL ESTATE ADVISORS, U.K., LTD.

Created 22/03/2023Registered 24/03/2023
Charge
outstanding

SITUS ASSET MANAGEMENT LIMITED AS SECURITY AGENT

Created 29/06/2022Registered 30/06/2022

CompanyRankvs 49648+ SIC 68320 peers
22

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Longevity10/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. CONCLUSIONS RELATING TO GOING CONCERN We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material unce

Key FinancialsYear ending 31/12/2024

Turnover

£1.5M

Annual revenue

Net Worth

-£6.5M

Balance sheet strength

Cash

£388k

Cash in the bank

Profit Before Tax

-£1.3M

Bottom line earnings

Net Current Assets

-£6.5M

Working capital

Current Assets

£3.2M

Current Liabilities

£9.7M

Debtors

£2.8M

Gross Profit

£1.5M

Admin Expenses

£2.8M

Operating Profit

-£1.3M

Profit After Tax

-£1.3M

49avg. employees

People Costs

Wages & salaries£3.2M
NI contributions£349k

Balance Sheet

Assets less current liabilities-£6.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20240.33

Derived from filed accounts. Not audited figures.