Verinica Ventures Limited
10094003
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/09/2017
DIRECTOR
CYPRIOT · ENGLAND · Age 33
Also on 16 other boards
director · Since 31/03/2021
DIRECTOR
CYPRIOT · ENGLAND · Age 29
Also on 16 other boards
Persons with Significant Control
Mgm Uk Hotels Holdings Limited
Belstead Brook Muthu Hotel, Belstead Road, Ipswich, IP2 9HB
Reg: 12454705 · Companies House England And Wales · Limited Company
Notified 28/12/2020
Former PSCs
Mr Nesamanimaran Muthu
Ceased 28/12/2020
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 6399+ SIC 55100 peers38
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/12/2024
Turnover
£1.8M
Annual revenue
Net Worth
-£108k
Balance sheet strength
Cash
£112k
Cash in the bank
Profit Before Tax
-£300k
Bottom line earnings
Net Current Assets
-£152k
Working capital
Current Assets
£911k
Current Liabilities
£1.1M
Fixed Assets
£43k
Debtors
£793k
Cost of Sales
£483k
Gross Profit
£1.4M
Admin Expenses
£1.7M
Profit After Tax
-£299k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.86 | -£299k |
| 2023 | 1.16 | -£186k |
| 2022 | 1.24 | -£97k |
| 2021 | 1.30 | — |
Derived from filed accounts. Not audited figures.