Vennela Software Ltd
11680549
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/07/2021
IT PROFESSIONAL
BRITISH · UNITED KINGDOM · Age 44
Persons with Significant Control
Mr Sudhakar Yeldhandi
British · United Kingdom · Age 43
10, Hiscox Way, Bristol, BS34 8BX
Notified 15/11/2018
Mrs Satyaroopa Moravaneni
British · United Kingdom · Age 44
10, Hiscox Way, Bristol, BS34 8BX
Notified 12/07/2021
CompanyRankvs 99673+ SIC 62020 peers31
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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 25/10/2024
Net Worth
-£48k
Balance sheet strength
Cash
£632
Cash in the bank
Net Current Assets
-£48k
Working capital
Current Assets
£632
Current Liabilities
£49k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | -£46 |
| 2023 | 0.03 | — |
Derived from filed accounts. Not audited figures.