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Velvetseal Limited

12818730

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

114 HAMLET COURT ROAD, WESTCLIFF-ON-SEA, SS0 7LP
Incorporated 17/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Teck Lee Wong

director · Since 17/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Teck Lee Wong

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

British · England · Age 45

22, Bourneside Road, Addlestone, KT15 2HZ

Notified 17/08/2020

CompanyRankvs 2663+ SIC 56101 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 22.21× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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 31/08/2025

Net Worth

£94k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

£92k

Working capital

Current Assets

£96k

Current Liabilities

£4k

Fixed Assets

£2k

Debtors

£40k

14avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202522.21+£0
202522.21-£41k
20244.41-£103k
20235.12

Derived from filed accounts. Not audited figures.