Vel Mart Sons Ltd
08293145
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Dhayalan Thangavel
British · United Kingdom · Age 41
1, Macginlay Road, Edinburgh, EH12 0BT
Notified 06/04/2016
Mrs Yasothra Dhayalan
Sri Lankan · United Kingdom · Age 35
1, Macginlay Road, Edinburgh, EH12 0BT
Notified 20/11/2023
CompanyRankvs 7742+ SIC 47110 peers62
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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 30/11/2024
Net Worth
£17k
Balance sheet strength
Cash
£26k
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£109k
Current Liabilities
£113k
Fixed Assets
£43k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.97 | +£590 | £278k |
| 2023 | 0.97 | +£469 | £98k |
| 2022 | 0.97 | -£958 | £68k |
| 2021 | 0.93 | +£14k | £130k |
| 2020 | 1.49 | -£28k | £118k |
| 2019 | 1.20 | +£18k | £111k |
| 2018 | 1.01 | — | £74k |
Derived from filed accounts. Not audited figures.