Velvet Management Limited
01316887
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 27/02/2023
director · Since 13/11/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
Persons with Significant Control
Mrs Eileen Errington
British · United Kingdom · Age 77
Don Villa Don Gardens, Don Gardens, East Boldon, NE36 0QE
Notified 03/03/2023
Former PSCs
Mr John Errington
Ceased 03/03/2023
CompanyRankvs 1711+ SIC 96090 peers86
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
£243k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£243k
Working capital
Current Assets
£265k
Current Liabilities
£22k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 12.05 | +£46k |
| 2024 | 8.86 | +£50k |
| 2023 | 7.48 | +£9k |
| 2022 | 12.51 | -£47k |
| 2021 | 6.61 | — |
Derived from filed accounts. Not audited figures.