Veritas Electrical Limited
10988844
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/09/2017
ELECTRICIAN
BRITISH · ENGLAND · Age 47
Also on 1 other board
Persons with Significant Control
Mr Wayne Howson
British · England · Age 47
Suite 27, Barnfield House, Accrington Road, Blackburn, BB1 3NY
Notified 29/09/2017
CompanyRankvs 18332+ SIC 43210 peers60
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
£36k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£32k
Working capital
Current Assets
£91k
Current Liabilities
£123k
Fixed Assets
£68k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.74 | +£20k |
| 2023 | 0.80 | -£7k |
| 2022 | 0.74 | +£5k |
| 2021 | 0.82 | — |
Derived from filed accounts. Not audited figures.