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Velocitare Limited

08285622

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

74 WAVERTREE DRIVE, LEICESTER, LE4 7NW
Incorporated 08/11/2012

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 10/11/2025

Due 24/11/2026

On track

Industry

46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets
62020
Information technology consultancy activities

Officers

Mr Linesh Kumar Nair

director · Since 08/11/2012

IT MANAGER

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Linesh Kumar Nair

75–100% shares

British · United Kingdom · Age 45

74, Wavertree Drive, Leicester, LE4 7NW

Notified 06/04/2016

CompanyRankvs 6279+ SIC 46900 peers
66

Financial strength51th percentile among SIC peers · 13/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 62.05× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees4/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£22

Fixed Assets

£670

0avg. employees
Signed by 08285622 2023-12-01 2024-11-30 08285622 2024-11-30 08285622 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202462.05-£9k
202316.52-£9k
202220.20-£2k
20212.04+£3k
20201.50
20190.96
20180.95

Derived from filed accounts. Not audited figures.