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VERCO OFFICE FURNITURE LIMITED
VERCO OFFICE FURNITURE LTD, CHAPEL LANE, HIGH WYCOMBE, BUCKS, HP12 4BGCompany Number: 00396797
Incorporation date: 05-Jul-1945
Status: Active
Entity type: Private Limited Company
SIC codes:
31010 Manufacture of office and shop furniture
SUMMARY
This company is 78.8 years old and is currently active. It is controlled by Mr Derek William Stevens Vere. The company has positive equity (net assets) of GBP 13.1 million which has increased from GBP 13 million in the previous year. The latest reported revenue figure is GBP 13.3 million which is similar to the previous year's figure of GBP 12.8 million. The company has 4 active officers (directors or partners) who are or were officers of 11 other companies, 5 (45.5%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 13,306,468 | 115,059 | 15,382 | 129,225 | ||
31-Dec-2018 | GBP | 12,794,564 | 284,921 | 8,935 | 14,498 | 279,209 | |
31-Dec-2017 | GBP | 13,752 | 524,681 | 1,628 | 526,160 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 2,295,912 | 7,196,998 | 1,157,011 | 64,876 | 200,000 | 11,859,123 | 13,079,771 | |
31-Dec-2018 | GBP | 2,864,139 | 7,200,594 | 1,196,571 | 200,000 | 11,681,109 | 12,958,946 | ||
31-Dec-2017 | GBP | 2,114,397 | 7,061,045 | 1,169,279 | 356 | 200,000 | 11,553,111 | 12,888,137 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Jeff Laurence ROBERTS | 15 Jul 2009 | 29 Mar 2024 | Finance Director/Accountant | British | 8 - 4 |
Resigned | Pauline Anne VERE | 22 Aug 1996 | 15 Jul 2009 | 0 - 5 | ||
Resigned | Roger Francis Stevens VERE | 22 Aug 1996 | 0 - 10 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Richard William Stevens VERE | 01 Sep 2021 | Director | British | 1 - 0 | 0 (0.0%) | |
Active | Peter John MITCHELL | 14 Jan 2000 | Director | British | 1 - 1 | 1 (50.0%) | |
Active | Christopher James Francis RILEY | 04 Jan 2000 | Director | British | 1 - 1 | 1 (50.0%) | |
Active | Jeff Laurence ROBERTS | 01 Jul 1999 | Finance Director/Accountant | British | 8 - 4 | 4 (33.3%) | |
Active | Derek William Stevens VERE | Managing Director | British | 6 - 2 | 4 (50.0%) | ||
Resigned | Allan Keith DAVIES | 02 Aug 1999 | Sales Director | British | 0 - 1 | 0 (0.0%) | |
Resigned | Roger Francis Stevens VERE | 22 Aug 1996 | Furniture Manufacturer | British | 0 - 10 | 4 (40.0%) |
Average tenure of active directors: 15.2 years
Average tenure of resigned directors: 0.0 years
Average active director Dissolution Rate: 36.7%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
||||||
---|---|---|---|---|---|---|
VERCO OFFICE FURNITURE LIMITED (00396797) - Active | ✔ | ✔ | ✔ | ✔ | ✔ | |
WILLIAM VERE (PROPERTIES) LIMITED (00406892) - Active | ✔ | |||||
WALLIS OFFICE FURNITURE LIMITED (01206974) - Dissolved | ✔ | |||||
WILLIAM VERE (HOLDINGS) LIMITED (01607387) - Active | ✔ | |||||
WILLIAM VERE (LEASING) LIMITED (01667703) - Active - Proposal to Strike off | ✔ | |||||
WILLIAM VERE LIMITED (02396399) - Active - Proposal to Strike off | ✔ | |||||
EAST ANGLIA FURNITURE MANUFACTURING LIMITED (02552816) - Liquidation | ✔ | |||||
ALBANIA CHRISTIAN CENTRE (04055222) - Dissolved | ✔ | |||||
V.SMART (EUROPE) LIMITED (04496143) - Active - Proposal to Strike off | ✔ | ✔ | ||||
V . SMART LIMITED (04496600) - Active | ✔ | ✔ | ||||
SANDFORD TRUSTEES LTD (12390036) - Active | ✔ | |||||
ORCHARD TRUSTEES LIMITED (12392122) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | |||
---|---|---|---|---|---|
2015-07-31 | 2014-07-31 | 2013-07-31 | 2012-07-26 | ||
WILLIAM VERE (HOLDINGS) LTD | ORDINARY | 1,200,000 93.8% | 1,200,000 93.8% | 1,200,000 93.8% | 1,200,000 93.8% |
PAULINE ANNE VERE | 10.5% CUMULATIVE PREFERENCE | 26,666 2.08% | 26,666 2.08% | 26,666 2.08% | 26,666 2.08% |
MARION FRANCES LYON | 10.5% CUMULATIVE PREFERENCE | 13,334 1.04% | 13,334 1.04% | 13,334 1.04% | 13,334 1.04% |
JOANNA MARGARET KAY | 10.5% CUMULATIVE PREFERENCE | 13,333 1.04% | 13,333 1.04% | 13,333 1.04% | 13,333 1.04% |
CAROLINE SONIA VERE | 10.5% CUMULATIVE PREFERENCE | 13,333 1.04% | 13,333 1.04% | 13,333 1.04% | 13,333 1.04% |
RICHARD WILLIAM STEVENS VERE | 10.5% CUMULATIVE PREFERENCE | 6,667 0.521% | 6,667 0.521% | 6,667 0.521% | 6,667 0.521% |
LOUISA VERE | 10.5% CUMULATIVE PREFERENCE | 6,667 0.521% | 6,667 0.521% | 6,667 0.521% | 6,667 0.521% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
VERCO OFFICE FURNITURE LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
31010 Manufacture of office and shop furniture)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
ISG RETAIL LIMITED | ALDGATE HOUSE, 33 ALDGATE HIGH STREET, LONDON, UNITED KINGDOM, EC3N 1AG | 02721627 | 2018-12-31 | 317,240,000 | 6,521,000 |
41201-Construction of commercial buildings |
LEE & PLUMPTON LIMITED | BUNNS BANK, OLD BUCKENHAM, ATTLEBOROUGH, NORFOLK, NR17 1QD | 01201175 | 2018-02-28 | 7,646,198 | 0 | |
JOINERY CLASSICS LIMITED | UNIT 24 WESTON INDUSTRIAL ESTATE, HONEYBOURNE, EVESHAM, ENGLAND, WR11 7QB | 05257515 | 2017-11-30 | 3,793,535 | 0 |
31090-Manufacture of other furniture 43320-Joinery installation |
TK-TEAM LIMITED | WALTERS RIDGE, DELL ROAD, FINCHAMPSTEAD, WOKINGHAM, BERKSHIRE, RG40 3TB | 06130325 | 2017-12-31 | 1,197,037 | 0 |
46660-Wholesale of other office machinery and equipment |
DARE STUDIO LIMITED | ACCOUNTS OFFICE, WILLHAYNE HOUSE, WADEFORD, CHARD, SOMERSET, TA20 3AZ | 07584719 | 2018-05-31 | 820,957 | 0 |
31090-Manufacture of other furniture 74100-specialised design activities |
GRIFFITHS & HOOD LIMITED | 6 CABINET WAY, PROGRESS RD, LEIGH ON SEA, ESSEX, SS9 5LP | 01008649 | 2016-08-31 | 678,308 | 0 | |
BURTON JOINERY (CONSTRUCTION) LIMITED | 3 HAROLDS ROAD, PINNACLES, HARLOW, ESSEX, CM19 5BJ | 01869255 | 2017-12-31 | 331,240 | 0 |
43320-Joinery installation |
SECURIT SYSTEM LIMITED | 10 HEATH DRIVE, SUTTON, SURREY, ENGLAND, SM2 5RP | 02061258 | 2018-12-31 | 318,261 | 0 |
43290-Other construction installation |
STEEL MAGNOLIAS FURNITURE LIMITED | 52 WHYKE LANE, CHICHESTER, WEST SUSSEX, PO19 7UT | 08095145 | 2018-06-30 | 309,347 | 0 |
31090-Manufacture of other furniture |
SOUTH DEVELOPMENTS LTD | 30 GREEN LANE, WORCESTER PARK, LONDON, SURREY, KT4 8AL | 07560455 | 2018-03-31 | 85,933 | 0 |
31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture |
SOUTH DEVELOPMENTS FITTED FURNITURE LIMITED | KINGSPORT BUSINESS CENTRE 152-178 UNIT 249, KINGSTON ROAD, NEW MALDEN, SURREY, KT3 3ST | 08876605 | 2018-02-28 | 61,454 | 0 |
31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture |
JOLLY BACK ENTERPRISES LTD | 17 LAUREL CRESCENT, SMALLEY, DERBYSHIRE, DE7 6EJ | 07096017 | 2018-03-31 | 45,899 | 0 |
31090-Manufacture of other furniture 47990-Other retail sale not in stores, stalls or markets |
MIRACOM SOLUTIONS LIMITED | VICTORIA MILL 3RD FLOOR, BOLTON OLD RD, ATHERTON, MANCHESTER, UNITED KINGDOM, M46 9FR | 10016387 | 2019-02-28 | 25,889 | 0 | |
CSC PRODUCTS LTD | 28 CHURCH STREET, HECKINGTON, SLEAFORD, ENGLAND, NG34 9RJ | 06056177 | 2018-03-31 | 17,421 | 0 | |
REMDRALY DESIGN LTD | 2 HOLBEIN TERRACE, MARLBOROUGH ROAD, DAGENHAM, ENGLAND, RM8 2NU | 09822129 | 2018-10-31 | 15,719 | 0 |
41202-Construction of domestic buildings 43320-Joinery installation |
CG JOINERY MANUFACTURING LTD | CG JOINERY SERVICES LTD, 107 MARTON ROAD, BRIDLINGTON, NORTH HUMBERSIDE, UNITED KINGDOM, YO16 7PX | 09899105 | 2017-12-31 | 13,432 | 0 | |
CHESHIRE BESPOKE FURNITURE LIMITED | 18 ELGIN DRIVE, SALE, CHESHIRE, ENGLAND, M33 2SZ | 09452751 | 2018-02-28 | 1,967 | 0 |
31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture |
RDS QUALITY FURNITURE LTD | 4 IMPERIAL CLOSE, WAKEFIELD, ENGLAND, WF2 9PF | 10453900 | 2018-10-31 | 1,650 | 0 |
31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture |
DAVIRA CARPENTRY LIMITED | BUNKERS YARD UNIT E & F, HIVINGS HILL, CHESHAM, ENGLAND, HP5 2PG | 11058200 | 2018-11-30 | 0 | 0 |
31020-Manufacture of kitchen furniture 31090-Manufacture of other furniture |
HERMAN MILLER HOLDINGS LIMITED | 1 PORTAL ROAD, BOWERHILL, MELKSHAM, ENGLAND, SN12 6GN | 07200056 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
VERCO OFFICE FURNITURE LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.4% | 2.7% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |