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Verifaro Limited

14373379

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

EIGHTH FLOOR 6 NEW STREET SQUARE, LONDON, EC4A 3AQ
Incorporated 23/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Steven John Pragnell

director · Since 23/09/2022

COMPANY DIRECTOR

BRITISH · GUERNSEY · Age 51

Persons with Significant Control

Steven John Pragnell

75–100% shares
75–100% votes
Appoint directors

British · Guernsey · Age 51

Eighth Floor, 6 New Street Square, London, EC4A 3AQ

Notified 23/09/2022

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/04/2023Registered 18/04/2023

CompanyRankvs 12041+ SIC 62012 peers
58

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£244k

Balance sheet strength

Cash

£708k

Cash in the bank

Net Current Assets

£200k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.4M

Fixed Assets

£44k

Debtors

£901k

11avg. employees+6

Tax at Year End

Corp tax£70k

Balance Sheet

Assets less current liabilities£244k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.14+£190k
20231.02

Derived from filed accounts. Not audited figures.