VERCO OFFICE FURNITURE LIMITED

Company TypePrivate Limited
Company Number00396797
Incorporated1945-07-05
IndustryManufacture of office and shop furniture
Websitewww.verco.co.uk
Phone Number01494 448000

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Summary

VERCO OFFICE FURNITURE LIMITED was formed on the 5th July 1945 (filed on the 29th September 2017) , and are based in Buckinghamshire, Chapel Lane. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £466,260 on a turnover of £12,268,055 (up 25% from 2015) .

There are 7 major shareholders listed for VERCO OFFICE FURNITURE LIMITED with William Vere (Holdings) Ltd owning the most shares by value.

Addresses

Registered address

Chapel Lane,
Sands,
High Wycombe,
Bucks
HP12 4BG

Trading address

Chapel Lane
High Wycombe
Buckinghamshire
HP12 4BG

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £2,549,987 £2,473,240 £2,428,452 £1,533,323 £1,426,081
Tangible net worth £12,570,377 £12,452,516 £12,186,469 £11,934,925 £11,847,820
Current liabilities £1,023,376 £1,270,593 £1,414,183 £1,278,244 £1,435,458
Current assets £6,636,662 £6,822,807 £6,426,356 £5,831,979 £5,721,150
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 6.49 5.37 4.54 4.56 3.99
Efficiency ratios
Return on assets 0.03 0.03 0.02 0.01 -0.02
Return on capital employed 0.04 0.03 0.02 0.01 -0.03
Gearing ratios
Debt to equity ratio 5.12 6.35 7.07 6.39 7.28
Equity ratio 0.01 0.01 0.01 0.02 0.02
Debt ratio 0.00 0.00 0.00 0.00 0.00
Other ratios
Debtor days - - - - -
Interest cover 3129.26 2513.07 233.02 97.63 -184.71

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