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Vielo Sports Ltd

07338171

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

10 KEEL ROW, GATESHEAD, NE11 9SZ
Incorporated 06/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
82990
Other business support service activities

Officers

Mr Trevor Kevin Hughes

secretary · Since 06/08/2010

Also on 1 other board

Mr Ian Ashley Hughes

director · Since 06/08/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Mr Trevor Kevin Hughes

director · Since 06/08/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Mr Simon Denys Morland

director · Since 29/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 3 other boards

Mr Sam Ratcliffe

director · Since 29/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Sam Ratcliffe

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

British · England · Age 39

10, Keel Row, Gateshead, NE11 9SZ

Notified 29/11/2024

Former PSCs

Mr Ian Ashley Hughes

Ceased 29/11/2024

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 26/04/2016Registered 26/04/2016
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 17/09/2014Registered 18/09/2014Satisfied 28/01/2025

CompanyRankvs 429+ SIC 47640 peers
73

Financial strength95th percentile among SIC peers · 24/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.8× · 16/20
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 strength24/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£277k

Balance sheet strength

Cash

£144k

Cash in the bank

Net Current Assets

£168k

Working capital

Current Assets

£378k

Current Liabilities

£211k

Fixed Assets

£117k

Debtors

£18k

4avg. employees

Balance Sheet

Intangible assets£90k
Bank loans & overdrafts£8k
Assets less current liabilities£285k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80+£228k
20231.32-£76k
20222.23+£45k
20213.24+£97k
20202.39+£205k
20190.73-£55k
20181.03

Derived from filed accounts. Not audited figures.