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Velvet Chase Ltd

09200551

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

Details

MAPLE HOUSE, GREENWOOD CLOSE, CARDIFF, CF23 8RD
Incorporated 02/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Mr Masud Ahmed

director · Since 05/01/2017

COMPANY DIRECTOR

BRITISH · WALES · Age 84

Also on 3 other boards

Persons with Significant Control

Mr Kashif Masud Ahmed

75–100% shares

British · Wales · Age 48

Maple House,, Greenwood Close, Cardiff, CF23 8RD

Notified 30/09/2020

Former PSCs

Mr Kashif Masud Ahmed

Ceased 20/02/2017

Velvet Chase Holdings Ltd

Ceased 30/09/2020

CompanyRankvs 22639+ SIC 68310 peers
31

Financial strength8th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

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

Longevity12/15 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 30/09/2023

Net Worth

-£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£9k

Current Liabilities

£36k

Balance Sheet

Assets less current liabilities-£27k
Signed by Mr Masud Ahmed 12/08/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.26-£68
20220.84-£2k
20210.84-£12k
20200.36+£60k
20190.01+£8k
20180.01

Derived from filed accounts. Not audited figures.