Veltech Solutions Ltd
07545402
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/10/2025
BUSINESS PERSON
BRITISH · ENGLAND · Age 47
Also on 1 other board
Persons with Significant Control
Mrs Suchitra Elango
British · England · Age 43
28, Silk Road, Wallington, SM6 7FF
Notified 16/09/2021
Mr Prasad Jayarathinam
British · England · Age 47
28, Silk Road, Wallington, SM6 7FF
Notified 08/10/2025
Former PSCs
Mr Prasad Jayarathinam
Ceased 16/09/2021
CompanyRankvs 4359+ SIC 47710 peers61
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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 28/02/2025
Net Worth
-£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£10k
Working capital
Current Assets
£11k
Current Liabilities
£1k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 10.46 | -£14k |
| 2024 | — | +£5k |
| 2023 | 3.14 | -£9k |
| 2022 | 7.80 | +£9k |
| 2021 | 1.12 | — |
| 2020 | 1.00 | — |
| 2019 | 1.72 | — |
Derived from filed accounts. Not audited figures.