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Velavan Ltd

12055857

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

369-371 CROYDON ROAD, WALLINGTON, SM6 7NY
Incorporated 18/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Mahesan Balachandran

director · Since 01/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Mahesan Balachandran

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 39

369-371, Croydon Road, Wallington, SM6 7NY

Notified 01/06/2022

Former PSCs

Miss Dakssiya Selvakumar

Ceased 01/06/2022

CompanyRankvs 8180+ SIC 47110 peers
56

Financial strength59th percentile among SIC peers · 15/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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8180Velavan Ltd
56
How is this score calculated?
Financial strength15/25 pts

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

Employees7/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

£14k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£101k

Current Liabilities

£96k

Fixed Assets

£32k

3avg. employees

Balance Sheet

Assets less current liabilities£37k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05+£0
20251.05+£1k
20241.11+£1k
20231.25+£1k
20221.41+£892
20212.01—

Derived from filed accounts. Not audited figures.