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Velo Inc Ltd

08753791

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

ST ANDEW MILL, BRADFORD, BD7 2EA
Incorporated 29/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Muhammad Zahid

director · Since 20/10/2016

BUSINESSMAN

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Muhammad Zahid

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust

British · England · Age 48

146, Halifax Road, Bradford, BD6 1JG

Notified 20/10/2016

CompanyRankvs 9286+ SIC 32990 peers
45

Financial strength10th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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9286Velo Inc Ltd
44
How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

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

Liquidity12/20 pts

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

Longevity13/15 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 31/10/2021

Net Worth

-£15k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£42k

Current Liabilities

£39k

Fixed Assets

£763

Debtors

£23k

0avg. employees

Balance Sheet

Bank loans & overdrafts£19k
Assets less current liabilities£4k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20211.09+£478
20201.38+£3k
20190.57—

Derived from filed accounts. Not audited figures.