Company Overview
Verdego Timber Frames Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 29 March 2016, so this is a well established company. Verdego Timber Frames Ltd has been in business for 10 years. The accounts status is total exemption full and the accounts are next due on Friday 26 December 2025.
Registered Address

Stephen House, 23A Bargates, Christchurch, Dorset, BH23 1QD
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Companies House Data
Company NameVERDEGO TIMBER FRAMES LTD
Company Number10086842
Registered Office AddressStephen House
 23a Bargates
 BH23 1QD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/03/2016
Accounting Reference Date Day26
Accounting Reference Date Month3
Accounts Next Due Date26/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date26/04/2017
Previous Company NameChanged Date
ELITE OFFSITE LTD30 Jan 2023
OFFSITE CONSTRUCTION CENTRES LIMITED30 Jan 2020
Directors & Members
Show Resigned
David Craddock - Director
(British, 63 years old, born October 1963)
Appointed 29 March 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
David Craddock
ALLGRAIN LIMITED
CONSTRECO 2 LIMITED
COURTYARD MEWS HOLBURY LIMITED
ELITE HOMES BLACKFIELD LIMITED
ELITE HOMES HERITAGE WAY LIMITED
ELITE HOMES HOUSE TEN LTD
ELITE HOMES PRIDDYS HARD LIMITED
ELITE HOMES PRIDDYS PH1 LTD
ELITE HOMES SUSSEX LIMITED
ELITE HOMES THACKERAY LIMITED
ELITE HOMES VOYAGER HOUSE LIMITED
ELITE REGENERATION PRIDDY HARD PHASE 1 LTD
JESTWOOD LIMITED
LANDFOLDER LIMITED
OFFSITE MANUFACTURE HOMES LIMITED
PRIDDY HARD DEVELOPMENTS LTD
RWC MODULAR HOMES LTD
THE ORDNANCE YARD ESTATE LIMITED
VERDEGO CONSTRUCTION LTD
VERDEGO GARDEN ROOMS LTD
VERDEGO GROUP LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets -93,327 -93,327 15,078
Current Assets 200,434 200,434 103,098
Creditors Due Within One Year -107,048 -107,048 54,899
Working Cap 307,482 307,482 48,199
Total Assets Less Current Liabilities 214,155 214,155 63,277
Long-term Liabilities 292,751 292,751 21,120
Net Assets 292,810 292,810 42,157
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 292,810 292,810 42,157
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets -87.1% -87.1% 12.8%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 187.1% 187.1% 87.2%
Creditors Due Within One Year -99.9% -99.9% 46.5%
Net Current Assets Liabilities 287.1% 287.1% 40.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 273.4% 273.4% 35.7%
Capital Employed - - -
Total Assets Less Current Liabilities 199.9% 199.9% 53.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Liquidity Ratio -1.9 -1.9 1.9
Solvency Ratio 0.6 0.6 1.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Assets 107,107 107,107 118,176
Debt 185,703 185,703 76,019
Net Assets/Debt 292,810 292,810 42,157

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Notice to Registrar of Companies of Notice of disclaimer
Notice to Registrar of Companies of Notice of disclaimer
Registered office address changed from Stephen House 23a Bargates Christchurch Dorset BH23 1QD United Kingdom to St Ann's Manor 6-8 st. Ann Street Salisbury Wiltshire SP1 2DN on 26 June 2025
Appointment of a voluntary liquidator
Resolutions
Statement of affairs
First Gazette notice for compulsory strike-off
Termination of appointment of Derek Geoffrey Ralph as a director on 31 January 2025
Termination of appointment of Luke William Kierman as a director on 5 December 2024
Confirmation statement made on 28 March 2024 with updates
Current accounting period shortened from 27 March 2023 to 26 March 2023
Previous accounting period shortened from 28 March 2023 to 27 March 2023
Confirmation statement made on 28 March 2023 with updates
Director's details changed for Mr Luke William Kierman on 1 March 2023
Director's details changed for Mr David Ian Vaughan Craddock on 1 March 2023
Statement of capital following an allotment of shares on 5 January 2023
Current accounting period shortened from 29 March 2022 to 28 March 2022
Certificate of change of name
Previous accounting period shortened from 30 March 2022 to 29 March 2022
Appointment of Mr Derek Geoffrey Ralph as a director on 1 August 2022
Confirmation statement made on 28 March 2022 with updates
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