VERCO OFFICE FURNITURE LIMITED

VERCO OFFICE FURNITURE LTD, CHAPEL LANE, HIGH WYCOMBE, BUCKS, HP12 4BG

Company 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-2024
Accounts 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**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY 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 - 00 (0.0%)
Active Peter John MITCHELL 14 Jan 2000 Director British 1 - 11 (50.0%)
Active Christopher James Francis RILEY 04 Jan 2000 Director British 1 - 11 (50.0%)
Active Jeff Laurence ROBERTS 01 Jul 1999 Finance Director/Accountant British 8 - 44 (33.3%)
Active Derek William Stevens VERE Managing Director British 6 - 24 (50.0%)
Resigned Allan Keith DAVIES 02 Aug 1999 Sales Director British 0 - 10 (0.0%)
Resigned Roger Francis Stevens VERE 22 Aug 1996 Furniture Manufacturer British 0 - 104 (40.0%)
Number of active directors: 5
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
2015-07-312014-07-312013-07-312012-07-26
WILLIAM VERE (HOLDINGS) LTDORDINARY1,200,000
93.8%
1,200,000
93.8%
1,200,000
93.8%
1,200,000
93.8%
PAULINE ANNE VERE10.5% CUMULATIVE PREFERENCE26,666
2.08%
26,666
2.08%
26,666
2.08%
26,666
2.08%
MARION FRANCES LYON10.5% CUMULATIVE PREFERENCE13,334
1.04%
13,334
1.04%
13,334
1.04%
13,334
1.04%
JOANNA MARGARET KAY10.5% CUMULATIVE PREFERENCE13,333
1.04%
13,333
1.04%
13,333
1.04%
13,333
1.04%
CAROLINE SONIA VERE10.5% CUMULATIVE PREFERENCE13,333
1.04%
13,333
1.04%
13,333
1.04%
13,333
1.04%
RICHARD WILLIAM STEVENS VERE10.5% CUMULATIVE PREFERENCE6,667
0.521%
6,667
0.521%
6,667
0.521%
6,667
0.521%
LOUISA VERE10.5% CUMULATIVE PREFERENCE6,667
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
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