Vertex Underwriting Management Limited
10356904
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2024
DIRECTOR
AMERICAN · UNITED STATES · Age 67
Also on 1 other board
Persons with Significant Control
Mr Kent Yantis Whitaker
American · United States · Age 67
11, Armstrong Lane, Riverside, 06830
Notified 01/03/2024
Former PSCs
Joseph Michael Lewis
Ceased 26/06/2023
Thayer Group Limited
Ceased 01/03/2024
Charges1 outstanding
WL HOLDINGS LLC
CompanyRankvs 4905+ SIC 66220 peers25
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2023
Net Worth
-£504
Balance sheet strength
Cash
£216
Cash in the bank
Net Current Assets
-£504
Working capital
Current Assets
£216
Current Liabilities
£720
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.30 | — |
| 2021 | -0.01 | -£62k |
| 2020 | 0.27 | -£111k |
| 2019 | 0.70 | — |
| 2018 | 0.25 | — |
Derived from filed accounts. Not audited figures.