Velo Domestique Ltd
09746155
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/08/2015
CYCLE MECHANIC
BRITISH · ENGLAND · Age 34
Also on 1 other board
Persons with Significant Control
Mr Daniel Armstrong
British · England · Age 34
176-180, Seabourne Road, Bournemouth, BH5 2JB
Notified 06/04/2016
CompanyRankvs 5589+ SIC 47640 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 31/08/2025
Net Worth
-£306k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£322k
Working capital
Current Assets
£20k
Current Liabilities
£342k
Fixed Assets
£17k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.06 | -£82k |
| 2024 | 0.21 | +£39k |
| 2023 | 0.12 | -£25k |
| 2022 | 0.13 | -£159k |
| 2021 | 0.31 | -£9k |
| 2020 | 0.38 | +£52k |
| 2019 | 0.03 | -£131k |
Derived from filed accounts. Not audited figures.