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Versatile Group Ltd

14630466

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

302-304 GREEN LANE, ILFORD, IG1 1XT
Incorporated 01/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Mr Abdula Ahmed

director · Since 01/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Persons with Significant Control

Mr Abdula Ahmed

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

British · United Kingdom · Age 35

302-304, Green Lane, Ilford, IG1 1XT

Notified 01/02/2023

CompanyRankvs 914+ SIC 47530 peers
70

Financial strength71th percentile among SIC peers · 18/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.6× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Solomon (Liskeard) Limited
90
2Minoli & Company Limited
90
3Bideford Carpet Service Limited
90
4Michael J.Molloy Limited
90
5Newport Furnishers Limited
90
6J.D. Lister (Furnishers) Limited
90
7P. & B. Flooring Limited
90
8Graham And Green Limited
90
9Lincolnshire Flooring Company (1977) Limited
90
10Asiatic Carpets Limited
90
914Versatile Group Ltd
69
How is this score calculated?
Financial strength18/25 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 28/02/2025

Net Worth

£41k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£35k

Current Liabilities

£8k

Fixed Assets

£14k

Debtors

£3k

6avg. employees+6
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20254.60+£21k
20241.87—

Derived from filed accounts. Not audited figures.