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Verve Homecare Ltd

10127302

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

EXCHANGE TOWER 1 HARBOUR EXCHANGE SQUARE, LONDON, E14 9GE
Incorporated 15/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mr Joshua William Garnham

director · Since 15/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Mr Charlie Terence O'Connor

director · Since 15/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 2 other boards

Persons with Significant Control

Verve Homecare Group Ltd

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

Exchange Tower, 1 Harbour Exchange Square, London, E14 9GE

Reg: 15365936 · Uk England Registry · Limited Company

Notified 08/07/2024

Former PSCs

Mr Joshua Garnham

Ceased 08/07/2024

Mr Charlie O'Connor

Ceased 08/07/2024

Charges1 outstanding

Charge
outstanding

ADVANTEDGE COMMERCIAL FINANCE LIMITED

Created 17/03/2021Registered 17/03/2021

CompanyRankvs 1338+ SIC 88990 peers
61

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.66× · 16/20
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 strength25/25 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.

Liquidity16/20 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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 30/04/2025

Turnover

£23.6M

Annual revenue

Net Worth

£1.9M

Balance sheet strength

Cash

£196k

Cash in the bank

Profit Before Tax

£3.5M

Bottom line earnings

Net Current Assets

£1.9M

Working capital

Current Assets

£4.9M

Current Liabilities

£2.9M

Fixed Assets

£9k

Debtors

£4.7M

Cost of Sales

£14.5M

Gross Profit

£9.0M

Admin Expenses

£5.2M

Operating Profit

£3.8M

Profit After Tax

£3.4M

215avg. employees-28

Tax at Year End

Corp tax£10k
Dividends paid-£2.3M

People Costs

Wages & salaries£4.3M
NI contributions£453k

Balance Sheet

Interest payable£338k
Assets less current liabilities£2.0M
Signed by Mr Joshua Garnham Mr Charlie O'Connor 31/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.66+£1.1M
20241.26-£3.9M
20232.16+£3.9M
20227.41+£78k
20217.75+£575k
20205.21

Derived from filed accounts. Not audited figures.