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Versimulo Developments Ltd

15076975

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

9A LEICESTER ROAD, LEICESTER, LE8 4GR
Incorporated 16/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Ronnie Bains

director · Since 16/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Ronnie Bains

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

British · United Kingdom · Age 46

9a, Leicester Road, Leicester, LE8 4GR

Notified 16/08/2023

Charges3 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 27/02/2026Registered 02/03/2026
Charge
outstanding

VERSIMULO DEVELOPMENTS LTD

Created 24/02/2025Registered 05/03/2025
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 20/06/2024Registered 20/06/2024

CompanyRankvs 181856+ SIC 68100 peers
15

Financial strength19th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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181856Versimulo Developments Ltd
24
How is this score calculated?
Financial strength5/25 pts

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

Employees0/15 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.

Longevity3/15 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 31/08/2024

Net Worth

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

£4k

Current Liabilities

£88k

Fixed Assets

£184k

Balance Sheet

Assets less current liabilities£100k
Signed by Mr R Bains 15 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.04

Derived from filed accounts. Not audited figures.