VERITAS SOLICITORS LLP

• ⚠

  Annual accounts overdue

  Due 2025-08-29.

• ⚠

  Material uncertainty over going concern

  The members have a reasonable expectation that the limited liability partnership will continue in operational existence for the foreseeable future. However, the they are aware of certain material uncertainties which may cause doubt on the limited liability partnership's ability to continue as a going concern. The LLP reported a loss, in accordance with the applied accounting convention, of £7,430,255 during the year and shows net liabilities of £10,180,869 at the balance sheet date.

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

• Turnover

  +252.3%

  £2,845,376 → £10,025,592

• Cash

  -70.4%

  £763,269 → £225,711

• Net assets

  +292.2%

  £2,595,870 → £10,180,869

• Employees

  +100%

  66 → 132

  highest in 6 filed years

• Operating profit

  +106.1%

  £2,511,633 → £5,175,466

• Profit before tax

  -180.5%

  -£2,648,835 → -£7,430,255

• Wages

  +134.6%

  £1,410,802 → £3,309,866

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

AMS Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The members have a reasonable expectation that the limited liability partnership will continue in operational existence for the foreseeable future. However, the they are aware of certain material uncertainties which may cause doubt on the limited liability partnership's ability to continue as a going concern. The LLP reported a loss, in accordance with the applied accounting convention, of £7,430,255 during the year and shows net liabilities of £10,180,869 at the balance sheet date.”

Significant events

• “Growth in consumer financial mis-selling and Housing Disrepair claims, underpinning substantial growth and market success.”
• “Strategic investment in cutting-edge technology to increase volumes and efficiency in case management.”
• “Increased national awareness of motor finance mis-selling claims leading to new strategic litigation avenues.”
• “Enhancement of Compliance team and restructuring/expansion of finance team due to growth in settlements.”
• “Establishment of Training Academy and focused learning programmes contributing to reduced staff turnover.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.