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Velvet Sky Limited

04983049

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

7 BOARBANK FARM, ALLITHWAITE, LA11 7QU
Incorporated 03/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Joanne Bradshaw

secretary · Since 03/12/2003

BRITISH · Age 56

Steven Paul Bradshaw

director · Since 03/12/2003

PROJECT MANAGEMENT

BRITISH · GB-ENGLAND · Age 57

Mrs Joanne Bradshaw

director · Since 17/05/2016

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Steven Paul Bradshaw

25–50% shares

British · England · Age 57

7 Boarbank Farm, Allithwaite, LA11 7QU

Notified 06/04/2016

Mrs Joanne Bradshaw

25–50% shares

British · England · Age 56

7 Boarbank Farm, Allithwaite, LA11 7QU

Notified 06/04/2016

CompanyRankvs 11753+ SIC 62090 peers
69

Financial strength30th percentile among SIC peers · 8/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.28× · 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 strength8/25 pts

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

Employees11/15 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 31/12/2024

Net Worth

£2

Balance sheet strength

Cash

£250k

Cash in the bank

Net Current Assets

£299k

Working capital

Current Assets

£355k

Current Liabilities

£57k

Fixed Assets

£1k

Debtors

£105k

2avg. employees

Tax at Year End

Corp tax£42k

Balance Sheet

Assets less current liabilities£300k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20246.28
20234.84

Derived from filed accounts. Not audited figures.