Velator Quay Limited
11293812
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/04/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
Persons with Significant Control
Mr Darran Raymond Chadwick
British · England · Age 53
Unit 4, Velator, Braunton, EX33 2DX
Notified 06/04/2018
Former PSCs
Mr Angus Cowan Thomson
Ceased 23/11/2023
Charges0 outstanding
LLOYDS BANK PLC
CompanyRankvs 19919+ SIC 56101 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 31/03/2025
Net Worth
-£280k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£337k
Working capital
Current Assets
£21k
Current Liabilities
£358k
Fixed Assets
£65k
Debtors
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.06 | -£46k |
| 2024 | 0.10 | -£15k |
| 2023 | 0.11 | -£11k |
| 2022 | 0.11 | -£832 |
| 2021 | 0.08 | -£76k |
| 2020 | 0.06 | -£130k |
| 2019 | 0.24 | — |
Derived from filed accounts. Not audited figures.