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Nowvertical Uk Holdings Ltd

14540938

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 4 GROVELANDS, HEMEL HEMPSTEAD, HP2 7TE
Incorporated 14/12/2022

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

62090
Other information technology service activities

Officers

Dentons Secretaries Limited

secretary · Since 14/12/2022

BRITISH

Also on 515 other boards

Andre Ethan Garber

director · Since 14/12/2022

LAWYER

CANADIAN · CANADA · Age 38

Also on 3 other boards

Persons with Significant Control

Nowvertical Uk Ltd

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes

Tower 44, 33rd Floor, London, EC2N 1HQ

Reg: 13576666 · England And Wales · Private Company Limited By Shares

Notified 14/12/2022

Former PSCs

Daren Frederick Donald Trousdell

Ceased 14/12/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC (THE “SECURITY AGENT�)

Created 30/05/2025Registered 02/06/2025
Charge
outstanding

THE TORONTO-DOMINION BANK

Created 30/12/2022Registered 03/01/2023

CompanyRankvs 63880+ SIC 62090 peers
3

Financial strength0th percentile among SIC peers · 0/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

-£2.5M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£1.1M

Bottom line earnings

Net Current Assets

-£617k

Working capital

Current Assets

£16k

Current Liabilities

£633k

Fixed Assets

£4.4M

Debtors

£16k

Operating Profit

-£1.0M

Profit After Tax

-£1.1M

0avg. employees

Balance Sheet

Intangible assets£4.4M
Depreciation£306k
Assets less current liabilities£3.8M
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£1.1M
20231.26

Derived from filed accounts. Not audited figures.