Velo Inc Ltd
08753791
Notable Risks
- Accounts filing overdue (-15)
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/10/2021
total exemption full
Next accounts due
31/07/2023
Confirmation statement
Last: 06/07/2022
Due 20/07/2023
Industry
Officers
director · Since 20/10/2016
BUSINESSMAN
BRITISH · ENGLAND · Age 48
Also on 1 other board
Former
director · Resigned 08/03/2018
Persons with Significant Control
Mr Muhammad Zahid
British · England · Age 48
146, Halifax Road, Bradford, BD6 1JG
Notified 20/10/2016
Change History
Active - Proposal to Strike off
Private Limited Company
ST ANDEW MILL
BRADFORD
CompanyRankvs 13230+ SIC 32990 peers30
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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 31/10/2021
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 1.09 |
Derived from filed accounts. Not audited figures.