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Veedol Uk Limited

03564422

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 29 GOLDTHORPE INDUSTRIAL ESTATE, ROTHERHAM, S63 9BL
Incorporated 14/05/1998

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

19201
Mineral oil refining

Officers

Mr Praveen Kadle

director · Since 13/11/2020

DIRECTOR

INDIAN · INDIA · Age 69

Mr Arijit Basu

director · Since 01/03/2023

DIRECTOR

INDIAN · INDIA · Age 51

Also on 1 other board

Mr Upendra Vinayak Gadre

director · Since 01/06/2025

FINANCE DIRECTOR

INDIAN · INDIA · Age 57

Persons with Significant Control

Veedol Corporation Limited

75–100% shares
75–100% votes
Appoint directors

8, Yule House, Kolkata, 700001

Reg: N/A · India · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 13/05/2024Registered 14/05/2024
Charge
satisfied

HSBC BANK PLC

Created 12/12/2013Registered 13/12/2013Satisfied 03/10/2024
charge
satisfied

CATTLES INVOICE FINANCE LIMITED

Created 31/03/2004Registered 08/04/2004Satisfied 17/11/2015
charge
satisfied

G E CAPITAL COMMERCIAL FINANCE LIMITED

Created 16/12/1998Registered 18/12/1998Satisfied 17/11/2015

CompanyRankvs 15+ SIC 19201 peers
45

Financial strength80th percentile among SIC peers · 20/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of particular transactions, other events and conditions on the entity's financial position and financial performance; and make an assessment of the company's ability to continue as a going concern. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at

Key FinancialsYear ending 31/03/2025

Turnover

£34.9M

Annual revenue

Net Worth

£38k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£8.5M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

Debtors

£41k

Cost of Sales

£19.2M

Gross Profit

£15.6M

Admin Expenses

£5.7M

Operating Profit

£8.5M

Profit After Tax

£6.4M

73avg. employees+22

Tax at Year End

Dividends paid-£2.2M

People Costs

Wages & salaries£2.7M
NI contributions£294k

Balance Sheet

Interest payable£3k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
20237.67+£0
20222.77+£0
2021+£0

Derived from filed accounts. Not audited figures.