Back to search

Velo Projects Ltd

12586574

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

STUDIO 9, BIRMINGHAM, B3 1QS
Incorporated 05/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
70229
Management consultancy activities

Officers

Mr Craig Steven Sedgebear

director · Since 05/05/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Miss Donna Marie Wilkes

director · Since 18/02/2022

NONE

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Craig Steven Sedgebear

50–75% shares
50–75% votes
Appoint directors

British · England · Age 43

Studio 9, 50-54 St. Pauls Square, Birmingham, B3 1QS

Notified 05/05/2020

Miss Donna Marie Wilkes

25–50% shares
25–50% votes

British · England · Age 43

Suite 2a, Blackthorn House, Birmingham, B3 1RL

Notified 20/04/2023

CompanyRankvs 10156+ SIC 43290 peers
57

Financial strength26th percentile among SIC peers · 7/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.06× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1J.B.Corrie And Company Limited
90
2Standage & Co. Limited
90
3Brown & Kirby Limited
90
4Dawson Construction Plant Limited
90
5Pruce Newman Pipework Limited
90
6Frame Homes (South West) Limited
90
7Broadland Windows Limited
90
8C.L.C. Contractors Limited
90
9Contex Builders Limited
90
10Booth & Associates Limited
90
10156Velo Projects Ltd
57
How is this score calculated?
Financial strength7/25 pts

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

Employees9/15 pts

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

Liquidity20/20 pts

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

Longevity6/15 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 30/11/2024

Net Worth

£100

Balance sheet strength

Cash

£174k

Cash in the bank

Net Current Assets

£170k

Working capital

Current Assets

£252k

Current Liabilities

£82k

Fixed Assets

£98k

Debtors

£78k

2avg. employees

Tax at Year End

Corp tax£50k

Balance Sheet

Assets less current liabilities£268k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20243.06
20232.90
20222.15

Derived from filed accounts. Not audited figures.