Vero Distribution Ltd
12789309
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/08/2020
DIRECTOR
SOUTH AFRICAN · UNITED KINGDOM · Age 46
Also on 2 other boards
Persons with Significant Control
Mr Andrew Ian Smith
British · England · Age 45
The Yard Suite 2.2, Gill Bridge Avenue, Sunderland, SR1 3AW
Notified 08/07/2024
Mr Craig John Morgan
South African · United Kingdom · Age 46
The Yard Suite 2.2, Gill Bridge Avenue, Sunderland, SR1 3AW
Notified 08/07/2024
CompanyRankvs 553+ SIC 64204 peers46
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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 31/12/2024
Net Worth
£100
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£14k
Current Liabilities
£26k
Debtors
£13k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.55 |
| 2023 | 0.51 |
| 2021 | 0.69 |
Derived from filed accounts. Not audited figures.