Vel Mart Morrison Ltd
11447712
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/07/2018
MANAGER
BRITISH · ENGLAND · Age 46
Also on 1 other board
Persons with Significant Control
Mr Sivakumar Thangavel
British · England · Age 46
23, Langdon Close, Consett, DH8 7NG
Notified 04/07/2018
Charges1 outstanding
TOGETHER COMMERCIAL FINANCE LIMITED
CompanyRankvs 4046+ SIC 47110 peers57
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
£38k
Balance sheet strength
Cash
£79k
Cash in the bank
Net Current Assets
£27k
Working capital
Current Assets
£153k
Current Liabilities
£126k
Fixed Assets
£11k
Debtors
£975
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.21 | +£9k | £180k |
| 2024 | 1.22 | +£26k | £78k |
| 2023 | 1.03 | — | £272k |
Derived from filed accounts. Not audited figures.