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Vertex It Limited

11095186

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

165 CAMPION ROAD, HATFIELD, AL10 9FL
Incorporated 04/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Olawale Ikotun

director · Since 04/12/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 5 other boards

Persons with Significant Control

Mr Olawale Ikotun

75–100% shares

British · United Kingdom · Age 48

20-22, Wenlock Road, London, N1 7GU

Notified 04/12/2017

CompanyRankvs 15331+ SIC 62020 peers
74

Financial strength77th percentile among SIC peers · 19/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.95× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/12/2020

Net Worth

£42k

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

£75k

Working capital

Current Assets

£94k

Current Liabilities

£19k

Debtors

£27k

2avg. employees+1

Balance Sheet

Bank loans & overdrafts£33k
Assets less current liabilities£75k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20204.95+£22k
20192.74+£105

Derived from filed accounts. Not audited figures.