Velveteen Ltd
06306994
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 24/07/2007
HAIRDRESSER
BRITISH · UNITED KINGDOM · Age 50
Also on 2 other boards
director · Since 24/07/2007
HAIRDRESSER
BRITISH · UNITED KINGDOM · Age 50
Also on 2 other boards
director · Since 20/08/2012
NONE
BRITISH · UNITED KINGDOM · Age 61
Also on 1 other board
Persons with Significant Control
Miss Julie Ann Dunn
British · United Kingdom · Age 50
First Floor, Units 3/4, Cranmere Court, Lustleigh Close, Exeter, EX2 8PW
Notified 15/07/2016
CompanyRankvs 7704+ SIC 47710 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Net Worth
-£7k
Balance sheet strength
Cash
£50
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£233
Current Liabilities
£5k
Fixed Assets
£210
Debtors
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | -£2k |
| 2024 | 0.51 | +£914 |
| 2023 | 0.57 | +£2k |
| 2022 | 0.36 | +£6k |
| 2021 | 0.40 | — |
Derived from filed accounts. Not audited figures.