Vel Group Topco Limited
15359108
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/12/2023
INVESTMENT PARTNER
BRITISH · ENGLAND · Age 48
Also on 31 other boards
director · Since 23/01/2024
INVESTMENT DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
Also on 1 other board
director · Since 16/02/2024
CHAIRMAN
BRITISH · UNITED KINGDOM · Age 60
Also on 3 other boards
director · Since 16/02/2024
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 5 other boards
director · Since 31/03/2026
BRITISH · UNITED KINGDOM · Age 58
Also on 11 other boards
Persons with Significant Control
Nvm Gp Llp
C/O Womble Bond Dickinson (Uk) Llp, The Spark, Newcastle Helix, NE4 5DE
Reg: Oc392218 · Companies House · Limited Liability Partnership
Notified 18/12/2023
Charges2 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
NVM PE LIMITED
CompanyRankvs 62879+ SIC 64209 peers0
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
. Whilst we recognise that the Company is not immune to the risk of further inflation the directors believe it is manageable.   The Directors have assessed the Company’s ability to continue as a going concern and are satisfied that it has adequate resources to meet its obligations for at least 12 months from the date of approval of the financial statements. This assessment considered forecast
Key FinancialsYear ending 31/03/2025
Net Worth
-£3.2M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
£500k
Working capital
Current Assets
—
Current Liabilities
£0
Fixed Assets
£1.1M
Debtors
£500k
Cost of Sales
£17.3M
Admin Expenses
£6.8M
Profit After Tax
-£3.7M
People Costs
Balance Sheet