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Velvet House Of Hair Ltd

05125971

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

29 ERRADALE CRESCENT, WIGAN, WN3 6TU
Incorporated 12/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Ms Rachel Walsh

director · Since 12/05/2004

HAIRDRESSER

BRITISH · ENGLAND · Age 54

Patricia Mary Walsh

secretary · Since 29/09/2008

BRITISH · Age 80

Persons with Significant Control

Ms Rachel Walsh

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

British · England · Age 54

29, Erradale Crescent, Wigan, WN3 6TU

Notified 06/04/2016

CompanyRankvs 1528+ SIC 96020 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 10.82× · 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 strength24/25 pts

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

Employees4/15 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 31/05/2025

Net Worth

£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£47k

Current Liabilities

£4k

Fixed Assets

£461

1avg. employees

Balance Sheet

Assets less current liabilities£43k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
202510.82-£15k
20248.88+£6k
20235.94-£1k
20224.47+£8k
20213.73+£21k
20202.85+£4k
20192.61

Derived from filed accounts. Not audited figures.