Vel Essa Design & Engineering Ltd
13255074
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 08/03/2026
Due 22/03/2027
Industry
Officers
director · Since 09/03/2021
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 5 other boards
Persons with Significant Control
Mr Velkumaran Vadivel
British · England · Age 48
9, Moor Copse Close, Reading, RG6 7NA
Notified 09/03/2021
Former PSCs
Mr Lavanya Durga Velkumaran
Ceased 23/07/2022
CompanyRankvs 1108+ SIC 71121 peers73
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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
£166k
Balance sheet strength
Cash
£108k
Cash in the bank
Net Current Assets
£166k
Working capital
Current Assets
£223k
Current Liabilities
£58k
Debtors
£116k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 3.88 | +£60k | £131k |
| 2024 | 1.66 | +£54k | £176k |
| 2023 | 1.38 | +£50k | £112k |
| 2022 | 1.02 | — | £97k |
Derived from filed accounts. Not audited figures.