{"name":"VERNON JAMES LIMITED","company_number":"05762585","status":"Active","type":"Private Limited Company","incorporated":"2006-03-30","dissolved":null,"registered_office":"Stablings, Myddle, Shrewsbury, Shropshire, United Kingdom, SY4 3RP","postcode":"SY4 3RP","sic_codes":[{"code":99999,"description":"Dormant Company"}],"principal_activity":"99999","previous_names":[],"warnings":[],"accounts":{"category":"Micro","year_end":"28 July","last_made_up_to":"2025-07-28","next_due":"2027-04-28"},"employees":{"count":2,"accounts_date":"2025-07-28"},"financials":[{"financial_date":"2025-07-28","net_assets":-6638,"average_employees":2},{"financial_date":"2024-07-29","net_assets":22,"average_employees":2},{"financial_date":"2023-07-29","net_assets":26421},{"financial_date":"2022-07-29"},{"financial_date":"2021-07-30","net_assets":20694,"cash":10257}],"officers":{"current":3,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Vernon James Limited is a long-established but financially distressed micro-entity that has seen its net assets collapse from £26,421 to just £22 in the latest reporting period, placing it in a position of technical insolvency with negative net current assets. The company operates as a family-controlled asset-holding vehicle in rural Shropshire, funded predominantly through creditor balances likely representing director loans, but its balance sheet leverage is unsustainable by industry standards. Without significant capital restructuring or asset realisation, the company faces material insolvency risk and would be classified as a distressed niche player rather than a competitive market participant.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/vernon-james","people":"https://www.companiesintheuk.co.uk/company/vernon-james/people","filing_history":"https://www.companiesintheuk.co.uk/company/vernon-james/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05762585","financials":"https://www.companiesintheuk.co.uk/company/vernon-james/financial","control":"https://www.companiesintheuk.co.uk/company/vernon-james/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/vernon-james/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/vernon-james"}