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Vela Medical Group Ltd

15080675

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CAMPERDENE HOUSE, CHIPPING, GL55 6AT
Incorporated 18/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Mathew Hunt

director · Since 18/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Mr Gavin Joseph Johnstone

director · Since 07/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 5 other boards

Persons with Significant Control

Mr Gavin Joseph Johnstone

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

British · England · Age 48

Ventura Park Road, Tamworth, B78 3HL

Notified 05/04/2024

Former PSCs

Mr Mathew Hunt

Ceased 05/04/2024

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 29/05/2024Registered 05/06/2024

CompanyRankvs 13284+ SIC 78109 peers
34

Financial strength45th percentile among SIC peers · 11/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees13/15 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.

Longevity3/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2025

Net Worth

£324

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£224k

Working capital

Current Assets

£162k

Current Liabilities

£386k

Fixed Assets

£5k

Debtors

£160k

Profit After Tax

-£229k

6avg. employees+2

Balance Sheet

Assets less current liabilities-£219k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.42
20240.38

Derived from filed accounts. Not audited figures.