Velans Limited
07349933
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/04/2013
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
Persons with Significant Control
Senthil Velan
Indian · England · Age 30
185, Regents Park Road, London, N3 3PB
Notified 06/04/2016
Lakshmi Priya Velan
British · England · Age 46
185, Regents Park Road, London, N3 3PB
Notified 06/04/2016
CompanyRankvs 10080+ SIC 62012 peers69
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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 31/08/2024
Net Worth
£64k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£62k
Working capital
Current Assets
£203k
Current Liabilities
£141k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.44 | +£6k |
| 2023 | 1.44 | +£53k |
| 2022 | 1.03 | -£17k |
| 2021 | 1.16 | -£30k |
| 2020 | 1.72 | +£29k |
| 2019 | 2.17 | +£8k |
| 2018 | 1.60 | — |
Derived from filed accounts. Not audited figures.