Vel Group Bidco Limited
15359348
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 17/12/2025
Due 31/12/2026
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
Vel Group Topco Limited
7a Odhams Trading Estate, St. Albans Road, Watford, WD24 7RY
Reg: 15359108 · Companies House · Limited By Shares
Notified 18/12/2023
Charges2 outstanding
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CompanyRankvs 21214+ SIC 64209 peers31
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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
not itself trade, the directors do not consider the use of performance indicators to be necessary. Principal risks and uncertainties 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
-£3.1M
Balance sheet strength
Cash
£13k
Cash in the bank
Profit Before Tax
-£3.1M
Bottom line earnings
Net Current Assets
£13.1M
Working capital
Current Assets
£14.6M
Current Liabilities
£1.5M
Debtors
£14.5M
Admin Expenses
£224k
Profit After Tax
-£3.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 9.66 |
Derived from filed accounts. Not audited figures.