Indievelo Ltd
14725430
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 16/10/2025
Due 30/10/2026
Industry
Officers
Persons with Significant Control
Andrew Stephens
American · United States · Age 62
Swift House, Ground Floor, 18 Hoffmans Way, Chelmsford, CM1 1GU
Notified 15/10/2024
Former PSCs
Dr George Gilbert
Ceased 15/10/2024
Peaksware Holdings Llc
Ceased 15/10/2024
CompanyRankvs 54680+ SIC 62012 peers20
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c
Key FinancialsYear ending 31/12/2024
Net Worth
-£7k
Balance sheet strength
Cash
£20k
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£29k
Current Liabilities
£42k
Fixed Assets
£2k
Debtors
£9k
Cost of Sales
£38k
Admin Expenses
£81k
Profit After Tax
-£38k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.70 | -£41k |
| 2024 | 4.73 | — |
Derived from filed accounts. Not audited figures.