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Velo Systems Limited

03784471

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

40 OLD WOOL LANE, CHEADLE, SK8 5JA
Incorporated 08/06/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Aria Taheri

director · Since 10/09/2007

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 10 other boards

Persons with Significant Control

Mr Aria Taheri

75–100% shares
75–100% votes

British · United Kingdom · Age 59

40, Old Wool Lane, Cheadle, SK8 5JA

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 06/05/2003Registered 09/05/2003Satisfied 06/11/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/10/2000Registered 24/10/2000Satisfied 12/05/2006

CompanyRankvs 10090+ SIC 82990 peers
79

Financial strength91th percentile among SIC peers · 23/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.72× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees6/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£293k

Balance sheet strength

Cash

£349k

Cash in the bank

Net Current Assets

£289k

Working capital

Current Assets

£367k

Current Liabilities

£78k

Fixed Assets

£5k

Debtors

£19k

1avg. employees

Tax at Year End

VAT£7k

Balance Sheet

Assets less current liabilities£294k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.72+£42k£140k
202410.45-£34k£464k
20235.19-£67k£465k
20221.43+£36k£928k
20211.25

Derived from filed accounts. Not audited figures.