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Velta International Ltd

03873306

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

COMPASS HOUSE, WITHAM, CM8 3YQ
Incorporated 08/11/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Douglas Clive Reynolds

director · Since 08/11/1999

FREIGHT FORWARDER

BRITISH · UNITED KINGDOM · Age 56

Also on 4 other boards

Stephen Mark Burnett

director · Since 24/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Marcel Andre Portat

director · Since 24/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Mrs Joanne Spurling

director · Since 24/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Shannon Marie Watson

director · Since 24/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Mr Matthew Sugden

director · Since 16/09/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Velta Investments Limited

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

Compass House, Eastways, Witham, CM8 3YQ

Reg: 06886807 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 17/09/2021Registered 27/09/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/05/2019Registered 05/06/2019Satisfied 15/11/2021
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 18/01/2019Registered 22/01/2019Satisfied 22/09/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/06/2017Registered 19/06/2017Satisfied 15/11/2021
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 01/12/2010Registered 02/12/2010Satisfied 18/06/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/03/2007Registered 14/03/2007Satisfied 15/11/2021
charge
satisfied

ROUTEBUY LIMITED

Created 01/04/2005Registered 07/04/2005Satisfied 23/09/2011

CompanyRankvs 1380+ SIC 49410 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.36× · 12/20
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 strength25/25 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.

Liquidity12/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 30/11/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£407k

Cash in the bank

Profit Before Tax

£321k

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£5.9M

Current Liabilities

£4.3M

Fixed Assets

£49k

Debtors

£5.5M

Cost of Sales

£13.5M

Admin Expenses

£2.8M

Profit After Tax

£252k

36avg. employees

Tax at Year End

Corp tax£253k

People Costs

Wages & salaries£1.7M

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.36+£252k
20241.35+£316k
20231.32+£59k
20221.20+£70k
20211.09

Derived from filed accounts. Not audited figures.