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Velasca Ltd

11870340

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • 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

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/04/2026

Due 29/04/2027

On track

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 11833+ SIC 47710 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11833Velasca 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.

Longevity8/15 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

are measured at amortised cost using the effective interest method. Interest expense is recognised in profit or loss over the term of the borrowing using the effective interest method. 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 concern.

Key FinancialsYear ending 31/12/2025

Net Worth

-£188k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

-£258k

Working capital

Current Assets

£366k

Current Liabilities

£625k

Fixed Assets

£102k

Debtors

£74k

2avg. employees

Tax at Year End

VAT£62k

Balance Sheet

Assets less current liabilities-£156k
Signed by Mr Jacopo Sebastio 27/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.59-£105k£1.2M
20240.84-£21k£827k
20231.66—£962k

Derived from filed accounts. Not audited figures.