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Vertofx Ltd

10973066

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 20/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
64999
Other financial service activities

Officers

Mr Olalekan Oduwole

director · Since 20/09/2017

ENTREPRENUER

BRITISH · ENGLAND · Age 39

Mr Olakunle Oyetayo

director · Since 20/09/2017

ACCOUNTANT

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Former PSCs

Mr Olalekan Oduwole

Ceased 28/12/2018

Mr Olakunle Oyetayo

Ceased 28/12/2018

Mr Olalekan Oduwole

Ceased 30/09/2019

Mr Olakunle Oyetayo

Ceased 30/09/2019

Charges2 outstanding

Charge
outstanding

LENDABLE ASSET MANAGEMENT LLC (AS SECURITY TRUSTEE)

Created 10/02/2026Registered 17/02/2026
Charge
outstanding

LENDABLE ASSET MANAGEMENT, LLC (AS SECURITY TRUSTEE)

Created 10/02/2026Registered 11/02/2026

CompanyRankvs 13458+ SIC 62012 peers
60

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2023

Net Worth

£2.3M

Balance sheet strength

Cash

£173k

Cash in the bank

Net Current Assets

-£313k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.5M

Fixed Assets

£2.7M

Debtors

£1.0M

47avg. employees+10

Tax at Year End(2019)

Corp tax£24k

Balance Sheet

Intangible assets£1.3M
Assets less current liabilities£2.3M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20230.79+£4.7M
20220.25-£2.3M
20210.97-£729k
202012.70+£982k
201936.66-£241k
20180.00

Derived from filed accounts. Not audited figures.