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The Velvet Foundation

09797190

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR, WINSTON HOUSE FIRST FLOOR, WINSTON HOUSE, LONDON, N3 1DH
Incorporated 28/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85600
Educational support services
86900
Other human health activities

Officers

David Howard Rodney

secretary · Since 28/09/2015

Mr Michael Arnold Aaronson

director · Since 28/09/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 60 other boards

Mr David Howard Rodney

director · Since 28/09/2015

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 77

Also on 6 other boards

Mr Chee Choong Cheah

director · Since 07/01/2016

COMPANY DIRECTOR

MALAYSIAN · ENGLAND · Age 77

Also on 32 other boards

Persons with Significant Control

Mr David Howard Rodney

25–50% votes

British · England · Age 77

First Floor, Winston House, First Floor, Winston House, London, N3 1DH

Notified 06/04/2016

Mr Michael Arnold Aaronson

25–50% votes

British · United Kingdom · Age 73

First Floor, Winston House, First Floor, Winston House, London, N3 1DH

Notified 06/04/2016

Mr Chee Choong Cheah

25–50% votes

Malaysian · England · Age 77

First Floor, Winston House, First Floor, Winston House, London, N3 1DH

Notified 06/04/2016

CompanyRankvs 2302+ SIC 85600 peers
74

Financial strength100th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 25.55× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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2302The Velvet Foundation
73
How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 pts

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

Liquidity20/20 pts

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

Longevity11/15 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 30/09/2025

Net Worth

£1.5M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£110k

Current Liabilities

£4k

Debtors

£110k

0avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Interest receivable£46k
Signed by Mr D H RodneyPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202525.55-£63k
202413.03+£404k
20230.29+£947k
20220.45-£5k

Derived from filed accounts. Not audited figures.