VERMEG SYSTEMS LIMITED
Get an alert when VERMEG SYSTEMS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-06 (in 1mo)
Last made up 2025-05-23
Watchouts
None on the register
Cash
£932K
+1,153.7% vs 2023
Net assets
-£3M
+41% vs 2023
Employees
4
-20% vs 2023
Profit before tax
£3M
-42.3% vs 2023
Name history
Renamed 2 times since incorporation
- VERMEG SYSTEMS LIMITED 2018-10-15 → present
- LOMBARD RISK SYSTEMS LIMITED 1989-01-03 → 2018-10-15
- SYSTEMIDOL LIMITED 1988-11-28 → 1989-01-03
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £12,787,222 | £11,409,027 | |
| Operating profit | £4,781,951 | £2,639,980 | |
| Profit before tax | £4,669,927 | £2,693,086 | |
| Net profit | £4,010,918 | £2,003,010 | |
| Cash | £74,311 | £931,628 | |
| Total assets less current liabilities | -£4,732,346 | -£2,842,131 | |
| Net assets | -£4,887,766 | -£2,884,756 | |
| Equity | -£4,887,766 | -£2,884,756 | |
| Average employees | 5 | 4 | |
| Wages | £534,487 | £442,401 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 37.4% | 23.1% | |
| Net margin | 31.4% | 17.6% | |
| Return on capital employed | -101.0% | -92.9% | |
| Current ratio | 0.54x | 0.62x | |
| Interest cover | 22.37x | 19.88x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reviewed the group cash forecast for the next 12 months from the date of this report as well as the sales forecasts for Colline and have concluded that the company is able to continue trading at least 12 months from the date of signing.”
Group structure
- VERMEG SYSTEMS LIMITED · parent
- Vermeg Systems Inc 100%
- Lombard Risk Systems Limited 100%
- Magikforms 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CURE, Christian, Marie, Paul | Director | 2024-05-31 | Mar 1962 | French |
| JERBI, Mousser | Director | 2018-04-03 | Oct 1965 | French |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BACKHOUSE, Spencer Neil | Secretary | 2003-09-03 | 2006-12-04 |
| BARCLAY, Rupert George Maxwell Lothian | Secretary | 2002-09-12 | 2003-04-24 |
| BARTLETT, John Charles Harold | Secretary | 2006-12-04 | 2007-08-15 |
| BUTCHER, Keith | Secretary | 2009-10-19 | 2010-04-28 |
| DUXBURY, Nigel John | Secretary | 1999-08-10 | 2000-05-05 |
| FINEMAN, Jane | Secretary | 2008-02-21 | 2009-10-19 |
| KENT, Susan Lee | Secretary | 2010-04-28 | 2018-07-18 |
| MARSHOM, Susan | Secretary | 1993-09-14 | 1999-08-10 |
| WARREN, Martin | Secretary | 2000-08-01 | 2002-09-12 |
| WISBEY, John Michael | Secretary | — | 1993-09-14 |
| WITHERS, John Martin | Secretary | 2000-05-05 | 2000-06-23 |
| BARCLAY, Rupert George Maxwell Lothian | Director | 2003-02-07 | 2003-04-24 |
| BOTHA, Marthinus John | Director | — | 1993-11-03 |
| BROWN, Alastair Martin James | Director | 2016-01-04 | 2018-06-05 |
| BUTCHER, Keith | Director | 2009-11-01 | 2010-04-28 |
| CRAWFORD, Philip James | Director | 2015-05-18 | 2016-05-06 |
| DAWSON, Craig Warnock | Director | 1996-10-08 | 1999-03-01 |
| DUXBURY, Nigel John | Director | 1996-09-02 | 2000-05-05 |
| FLAVELL, Richard Bruce, Dr | Director | 1994-03-14 | 2000-09-04 |
| FRASER, Andrew George | Director | 1997-10-27 | 2000-03-01 |
| GURNEY, Nigel John | Director | 2014-09-01 | 2018-06-05 |
| HORSBURGH, Robert Christopher Richmond, Dr | Director | 1992-06-25 | 2000-08-10 |
| LANGRIDGE, Christopher Timothy | Director | 2010-04-28 | 2010-09-30 |
| LEROY, Pascal Alphonse Fernand | Director | 2018-04-03 | 2018-12-26 |
| ROSE, Christopher Nigel | Director | 2002-01-22 | 2005-10-03 |
| SHIELD, John Barrie Wishart | Director | 1993-09-20 | 1999-09-20 |
| SMITH, John George | Director | 1995-03-03 | 1996-02-03 |
| TUSON, Paul Adam Edward | Director | 2012-03-13 | 2014-02-12 |
| VAN TONDER, Clifford Burnard | Director | 2005-10-03 | 2007-08-15 |
| WAKEMAN, Lee Macdonald, Dr | Director | 2005-10-03 | 2012-03-13 |
| WISBEY, John Michael | Director | — | 2015-05-18 |
| WISBEY, Roy Albert | Director | — | 2003-02-07 |
| ZOUARI, Kawther | Director | 2018-04-03 | 2024-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vermeg Management Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 200 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-10-01 RESOLUTIONS Resolution
- 2021-10-01 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-09-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-22 | AA | accounts | Accounts with accounts type full | |
| 2024-06-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-17 | AA | accounts | Accounts with accounts type full | |
| 2023-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2022-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-10-01 | RESOLUTIONS | resolution | Resolution | |
| 2021-10-01 | MA | incorporation | Memorandum articles | |
| 2021-09-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-08-06 | AA | accounts | Accounts with accounts type full | |
| 2021-08-02 | AA01 | accounts | Change account reference date company previous extended | |
| 2021-07-08 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-10.8%
£12,787,222 £11,409,027
-
Cash
+1,153.7%
£74,311 £931,628
-
Net assets
+41%
-£4,887,766 -£2,884,756
-
Employees
-20%
5 4
-
Operating profit
-44.8%
£4,781,951 £2,639,980
-
Profit before tax
-42.3%
£4,669,927 £2,693,086
-
Wages
-17.2%
£534,487 £442,401
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers