Versinetic Ltd
12189362
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 04/09/2019
director · Since 04/09/2019
HARDWARE ENGINEER
BRITISH · UNITED KINGDOM · Age 56
Also on 4 other boards
director · Since 04/09/2019
SOFTWARE ENGINEER
BRITISH · ENGLAND · Age 52
Also on 3 other boards
Persons with Significant Control
Versinetic Holdings Limited
Park Point, 17 High Street, Birmingham, B31 2UQ
Reg: 13682408 · Companies House In England And Wales · Limited Company
Notified 23/11/2021
Former PSCs
Bytesnap Design Limited
Ceased 23/11/2021
CompanyRankvs 84841+ SIC 62020 peers42
Show leaderboard
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 31/03/2025
Net Worth
-£216k
Balance sheet strength
Cash
£133k
Cash in the bank
Net Current Assets
-£276k
Working capital
Current Assets
£1.1M
Current Liabilities
£1.3M
Fixed Assets
£265k
Debtors
£341k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | -£38k |
| 2024 | 0.85 | -£164k |
| 2023 | 0.98 | — |
Derived from filed accounts. Not audited figures.