Velaga Technologies Limited
09718644
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Narayana Velaga
Indian · England · Age 49
3, Hawthorn Way, Birmingham, B38 9AT
Notified 31/07/2016
Former PSCs
Mr Narayana Velaga
Ceased 01/09/2021
CompanyRankvs 6715+ SIC 62020 peers80
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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 31/08/2025
Net Worth
£174k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£191k
Working capital
Current Assets
£204k
Current Liabilities
£13k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 16.28 | +£22k |
| 2024 | 5.58 | +£88k |
| 2023 | 6.90 | +£61k |
| 2022 | 3.62 | — |
| 2020 | 1.06 | -£3k |
| 2019 | 1.67 | -£5k |
| 2018 | 2.49 | — |
Derived from filed accounts. Not audited figures.