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Velmar Property Ltd

06564169

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

WILLOWMEAD, STOKE BY CLARE, CO10 8UF
Incorporated 14/04/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Dean Francis Cutting

director · Since 14/04/2008

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mrs Sharon Michelle Cutting

director · Since 27/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Dean Francis Cutting

25–50% shares

British · England · Age 59

Willowmead, Wixoe, Stoke By Clare, CO10 8UF

Notified 06/04/2016

Mrs Sharon Michelle Cutting

25–50% shares

British · England · Age 57

Willowmead, Wixoe, Stoke By Clare, CO10 8UF

Notified 03/04/2017

Charges2 outstanding

Charge
outstanding

METRO BANK PLC

Created 25/02/2025Registered 26/02/2025
Charge
outstanding

ONESAVINGS BANK PLC

Created 21/12/2022Registered 21/12/2022

CompanyRankvs 67892+ SIC 68209 peers
49

Financial strength61th percentile among SIC peers · 15/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£521k

Working capital

Current Assets

£15k

Current Liabilities

£537k

Fixed Assets

£643k

2avg. employees

Balance Sheet

Assets less current liabilities£122k
Signed by Mr Dean Cutting Mrs Sharon Cutting 2 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£2k
20240.03+£6k
20230.04-£8k
20220.09+£7k
20210.07+£15k
2020-0.05
2019-0.99

Derived from filed accounts. Not audited figures.