Velvet Group Limited
06609723
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/06/2024
dormant
Next accounts due
30/06/2026
Confirmation statement
Last: 01/07/2025
Due 15/07/2026
Industry
Officers
director · Since 26/01/2024
RETIRED
BRITISH · ENGLAND · Age 61
Also on 1 other board
Persons with Significant Control
Quarmby Group Limited
8, Clayton Way, Oxon Business Park, Shrewsbury, SY3 5AL
Reg: 10138282 · Companies House · Limited Company
Notified 10/05/2016
CompanyRankvs 566+ SIC 86230 peers84
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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 30/06/2024
Net Worth
£1.4M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£1.7M
Working capital
Current Assets
£1.7M
Current Liabilities
£4k
Debtors
£365k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 374.63 | +£2.2M |
Derived from filed accounts. Not audited figures.