Vel Commercial Ltd
11898616
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Rajkumar Rajaratnam
Sri Lankan · United Kingdom · Age 42
Top Floor Flat 9, Whitefriars Road, Hastings, TN34 3LA
Notified 22/03/2019
CompanyRankvs 15197+ SIC 47110 peers43
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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
£6k
Balance sheet strength
Cash
£113
Cash in the bank
Net Current Assets
-£38k
Working capital
Current Assets
£58k
Current Liabilities
£96k
Fixed Assets
£71k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.60 | -£5k | £10k |
| 2024 | 0.77 | +£3k | £16k |
| 2023 | 0.84 | +£6k | £15k |
| 2022 | 0.89 | -£3k | £15k |
| 2021 | 3.42 | — | — |
Derived from filed accounts. Not audited figures.