VERTICE TECHNOLOGY LTD
Executive Summary
VERTICE TECHNOLOGY LTD exhibits critical financial weakness with large negative net assets and heavy intercompany debt reliance, undermining its standalone creditworthiness. While short-term liquidity appears adequate, the company’s highly leveraged balance sheet and accumulated losses present substantial risk. Credit facilities are not recommended without substantial financial restructuring or external guarantees.
View Full Analysis Report →Financials
- Year ending
- 2023-12-31
- Total net assets
- £-12.10m£-7.91m vs previous year
- Total liabilities
- £-12.66m£-7.84m vs previous year
- Total assets
- £3.02m£1.76m vs previous year
Annual accounts
Financial Year Ending | |
---|---|
19 December 2024 | |
31 December 2023 | |
1 December 2023 | |
31 December 2022 |
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