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Velasca Ltd

11870340

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

24 FITZROY SQUARE, LONDON, W1T 6EP
Incorporated 08/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
47721
47721
47722
47722
47910
Retail sale via mail order houses or via Internet

Officers

Mr Jacopo Sebastio

director · Since 08/03/2019

CHIEF EXECUTIVE OFFICER

ITALIAN · ITALY · Age 44

Mr Matteo Zaccagni

director · Since 08/11/2024

NON EXECUTIVE DIRECTOR

ITALIAN · UNITED KINGDOM · Age 43

Also on 3 other boards

Persons with Significant Control

Former PSCs

Velasca Srl

Ceased 16/04/2024

CompanyRankvs 11797+ SIC 47710 peers
29

Financial strength4th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11797Velasca Ltd
35
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£82k

Balance sheet strength

Cash

£221k

Cash in the bank

Net Current Assets

-£82k

Working capital

Current Assets

£436k

Current Liabilities

£518k

Debtors

£82k

2avg. employees

Tax at Year End

VAT£41k

Balance Sheet

Assets less current liabilities-£82k
Signed by Mr Jacopo Sebastio 18/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.84-£21k£827k
20231.66+£62k£962k
20211.08—£370k

Derived from filed accounts. Not audited figures.