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Velchanos Ltd

13837614

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

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 10/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Yaser Saqib

director · Since 10/01/2022

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Yaser Saqib

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

British · England · Age 36

86-90, Paul Street, London, EC2A 4NE

Notified 10/01/2022

CompanyRankvs 20190+ SIC 62012 peers
61

Financial strength78th percentile among SIC peers · 20/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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20190Velchanos Ltd
57
How is this score calculated?
Financial strength20/25 pts

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

Employees6/15 pts

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

Liquidity16/20 pts

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

Longevity4/15 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 31/01/2025

Net Worth

£34k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£80k

Current Liabilities

£46k

Debtors

£68k

1avg. employees+1

Tax at Year End

Corp tax£44k

Balance Sheet

Assets less current liabilities£34k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.76+£32k
20241.17—

Derived from filed accounts. Not audited figures.