Vel Education Limited
11021863
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 04/12/2025
Due 18/12/2026
Industry
Officers
director · Since 27/05/2022
ENTREPRENEUR
BRITISH · ENGLAND · Age 57
Also on 4 other boards
director · Since 28/03/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 5 other boards
Persons with Significant Control
Ms Preethaa Ganesh
Indian · India · Age 29
Cambridge Tutors College, Water Tower Hill, Croydon, CR0 5SX
Notified 01/05/2019
Dr. Ishari Kadhirvelan Ganesh
Indian · India · Age 59
Cambridge Tutors College, Water Tower Hill, Croydon, CR0 5SX
Notified 05/05/2022
Former PSCs
Mr Sundara Paripooranan Pakshirajan
Ceased 01/05/2019
CompanyRankvs 2329+ SIC 85200 peers40
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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 31/10/2024
Net Worth
-£448k
Balance sheet strength
Cash
£31k
Cash in the bank
Net Current Assets
-£4.0M
Working capital
Current Assets
£475k
Current Liabilities
£4.4M
Fixed Assets
£3.5M
Debtors
£439k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.11 | -£825k | £629k |
| 2023 | 1.11 | +£15k | — |
| 2022 | 1.13 | +£25k | — |
| 2021 | 1.76 | +£43k | — |
| 2020 | 410.61 | +£41k | — |
| 2019 | 8.56 | +£211k | — |
| 2018 | 35.67 | — | — |
Derived from filed accounts. Not audited figures.