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Veloce Race Engines Ltd

14372900

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

UNIT 11 LEYTON AVENUE, BURY ST. EDMUNDS, IP28 7BL
Incorporated 23/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mrs Michelle Louise Pettitt

director · Since 23/09/2022

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr Samuel Stuart Pettitt

director · Since 23/09/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Samuel Stuart Pettitt

25–50% shares
25–50% votes
Appoint directors

British · England · Age 50

Unit 11, Leyton Avenue, Bury St. Edmunds, IP28 7BL

Notified 23/09/2022

Mrs Michelle Louise Pettitt

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

Unit 11, Leyton Avenue, Bury St. Edmunds, IP28 7BL

Notified 23/09/2022

CompanyRankvs 8029+ SIC 93199 peers
54

Financial strength87th percentile among SIC peers · 22/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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8029Veloce Race Engines Ltd
53
How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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 30/09/2025

Net Worth

£69k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£10k

Current Liabilities

£43k

Fixed Assets

£3k

2avg. employees

Balance Sheet

Assets less current liabilities£30k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23+£0
20250.23+£33k
20240.27+£32k
2023Infinity—

Derived from filed accounts. Not audited figures.