South Coast Velo Ltd
15206196
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/10/2025
total exemption full
Next accounts due
31/07/2027
Confirmation statement
Last: 06/10/2025
Due 20/10/2026
Industry
Officers
Former
director · Resigned 04/10/2025
Persons with Significant Control
Mr Thomas Peter Budden
British · England · Age 47
9, Stoneham Lane, Southampton, SO16 2NN
Notified 12/10/2023
Former PSCs
Mr Darren Michael Longhurst
Ceased 04/10/2025
Change History
Active
Private Limited Company
9 STONEHAM LANE
SOUTHAMPTON
CompanyRankvs 6357+ SIC 47640 peers17
Show leaderboard
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
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan
Key FinancialsYear ending 31/10/2025
Net Worth
-£5k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£4k
Current Liabilities
£9k
Fixed Assets
£541
Debtors
£844
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.41 | -£26k |
| 2024 | Infinity | — |
Derived from filed accounts. Not audited figures.