Back to search

Veritas Group Ltd

13974763

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

3 ASHBOURNE AVENUE, NEWCASTLE UPON TYNE, NE6 4DY
Incorporated 14/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Ian Newcombe

director · Since 14/03/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 3 other boards

Persons with Significant Control

Mr Ian Newcombe

25–50% shares
25–50% votes

British · United Kingdom · Age 41

3, Ashbourne Avenue, Newcastle Upon Tyne, NE6 4DY

Notified 14/03/2022

Mr Karl Michael Newcombe

25–50% shares
25–50% votes

British · United Kingdom · Age 55

683, Welbeck Road, Newcastle Upon Tyne, NE6 4JL

Notified 14/03/2022

Former PSCs

Mr Graham Andrew Johnston

Ceased 10/12/2025

Mr Paul Allan Watson

Ceased 18/12/2023

CompanyRankvs 3389+ SIC 41201 peers
74

Financial strength89th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.19× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Flower & Hayes Limited
90
2Wernick Buildings Limited
90
3Modex Spaces Ltd
90
4Taylor Lindsey Limited
90
5A.W. Hardy & Co. Limited
90
6H.H.Adkins(Contractors)Limited
90
7Walter Carefoot & Sons (Construction) Limited
90
8A. Hammond & Sons Limited
90
9John West (Contractors) Limited
90
10J.W. Crowther & Son Limited
90
3389Veritas Group Ltd
74
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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.

Longevity4/15 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 31/03/2025

Net Worth

£255k

Balance sheet strength

Cash

£300k

Cash in the bank

Net Current Assets

£252k

Working capital

Current Assets

£300k

Current Liabilities

£48k

Fixed Assets

£3k

5avg. employees

Balance Sheet

Assets less current liabilities£255k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20256.19+£111k
20242.99—

Derived from filed accounts. Not audited figures.