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Velox Travels Ltd

10579572

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1ST FLOOR, WELLESLEY HOUSE, ILFORD, IG1 4NH
Incorporated 24/01/2017

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 12/02/2026

Due 26/02/2027

On track

Industry

79110
Travel agency activities

Officers

Mr Govinda Paudel

director · Since 21/06/2019

DIRECTOR

NEPALESE · ENGLAND · Age 38

Persons with Significant Control

Mr Govinda Paudel

Appoint directors

Nepalese · England · Age 38

200, Wellesley Road, Ilford, IG1 4LL

Notified 21/06/2019

Former PSCs

Mr Karun Thakur

Ceased 21/06/2019

CompanyRankvs 3640+ SIC 79110 peers
54

Financial strength83th percentile among SIC peers · 21/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees7/15 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.

Longevity9/15 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 30/11/2024

Net Worth

£34k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£11k

Current Liabilities

£46k

1avg. employees

Balance Sheet

Assets less current liabilities£11k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.25+£4k
2023+£700
2022332.70+£2k
2021393.50+£12k
2020654.26+£9k
20190.02+£0
20180.02

Derived from filed accounts. Not audited figures.