Veelo Limited
14394820
Notable Risks
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 17/05/2025
Due 31/05/2026
Industry
Officers
secretary · Since 03/10/2022
director · Since 16/01/2025
DIRECTOR
DUTCH · ENGLAND · Age 48
Also on 4 other boards
secretary · Since 03/10/2022
Former
director · Resigned 10/07/2026
director · Resigned 10/07/2026
Persons with Significant Control
Mr Muhammad Ahsan Akbar
British · England · Age 45
Office 1, Haslem House, 105 Chorley Old Road, Bolton, BL1 3AS
Notified 03/10/2022
Change History
Active
Private Limited Company
OFFICE 1, HASLEM HOUSE
BOLTON
CompanyRankvs 24598+ SIC 45112 peers23
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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 31/10/2024
Net Worth
-£168k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£208k
Working capital
Current Assets
£19k
Current Liabilities
£226k
Fixed Assets
£40k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.08 | -£142k |
| 2023 | 0.32 | — |
Derived from filed accounts. Not audited figures.