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Veatreey Development Ltd

05659447

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

33 WHITGIFT AVENUE, SOUTH CROYDON, CR2 6AZ
Incorporated 20/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47290
Other retail sale of food in specialised stores
68209
Other letting and operating of own or leased real estate

Officers

Kulathelaham Sakathevan

secretary · Since 20/12/2005

BRITISH

Mr Apputhurai Sakathevan

director · Since 20/12/2005

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 3 other boards

Persons with Significant Control

Mr Apputhurai Sakathevan

Significant control

British · England · Age 69

33, Whitgift Avenue, South Croydon, CR2 6AZ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/04/2009Registered 05/05/2009Satisfied 03/03/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/09/2007Registered 11/09/2007Satisfied 03/03/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/08/2007Registered 11/08/2007Satisfied 03/03/2022

CompanyRankvs 46+ SIC 47110 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 82.85× · 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 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.

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

£563k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£403k

Working capital

Current Assets

£408k

Current Liabilities

£5k

Fixed Assets

£160k

Debtors

£404k

18avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202482.85+£9k
202313.08+£155k
2021+£35k
2020+£99k
2019-£294k

Derived from filed accounts. Not audited figures.