VELO LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-15 (in 5mo)
Last made up 2025-10-01
Watchouts
Cash
£40K
+2.6% vs 2024
Net assets
£2M
0% vs 2024
Employees
0
Average over period
Profit before tax
£0
-100% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have prepared the financial statements on the basis other than going concern. The reasoning for this is set out in the Strategic Report. No material adjustments arose as a result of ceasing to apply the going concern basis.
Name history
Renamed 1 time since incorporation
- VELO LIMITED 1988-07-12 → present
- PRECIS (744) LIMITED 1988-05-27 → 1988-07-12
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | £1,000 | |
| Operating profit | £13,000 | £0 | |
| Profit before tax | £13,000 | £0 | |
| Net profit | £13,000 | £0 | |
| Cash | £39,000 | £40,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £1,751,000 | £1,751,000 | |
| Equity | £1,751,000 | £1,751,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | — | 0.0% | |
| Net margin | — | 0.0% | |
| Current ratio | — | 1752.00x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors have prepared the financial statements on the basis other than going concern. The reasoning for this is set out in the Strategic Report. No material adjustments arose as a result of ceasing to apply the going concern basis.”
Significant events
- “During the year ended 31 March 2020, the final lease contracts completed, and trading has therefore ceased.”
- “The directors intend on liquidating the entity, however do not yet have a clear timeline on when this will occur.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Manisha Kantilal | Secretary | 2020-04-01 | — | — |
| BROWN, Nicola | Director | 2024-07-24 | Jul 1983 | British |
| JONES, Richard Andrew | Director | 2025-03-24 | Jul 1972 | British |
| PHILLIPS, Mark Trevor, Mr. | Director | 2014-03-10 | Apr 1968 | British |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIRD, David Alan | Secretary | 2007-02-13 | 2014-03-10 |
| DEAN, Julian Mark | Secretary | 1999-11-23 | 2000-06-27 |
| JONES, Sarah Elizabeth | Secretary | 2014-03-10 | 2017-06-30 |
| MCCALL, William | Secretary | 2006-12-20 | 2006-12-20 |
| MORRISON, Audrey | Secretary | 1996-01-24 | 1999-11-23 |
| MORROW, John David | Secretary | 2003-09-29 | 2007-02-13 |
| MORROW, John David | Secretary | 2000-06-27 | 2003-05-20 |
| RAWNSLEY, Patrick James | Secretary | 2017-07-17 | 2019-11-25 |
| SCHRAGER VON ALTISHOFEN, Nicola Jane | Secretary | — | 1992-11-02 |
| STALKER, Christopher David | Secretary | 2003-05-20 | 2003-09-29 |
| YOUNG, Lorraine Elizabeth | Secretary | 1992-11-02 | 1996-08-09 |
| BIRD, David Alan | Director | 2006-12-20 | 2014-07-31 |
| BUCHAN, Timothy Peter | Director | 2014-03-10 | 2025-03-21 |
| BUTLER, Robert Alan | Director | 2014-03-10 | 2021-07-31 |
| CONNOR, Mark | Director | 2015-03-23 | 2019-06-30 |
| FARRELL, Sean Patrick | Director | 2014-03-10 | 2016-01-06 |
| FLEMING, Paul Scott | Director | 2011-08-18 | 2014-02-27 |
| FOULDS, David Michael | Director | 2013-02-01 | 2014-04-30 |
| GIBSON, Ian Robert | Director | 2016-01-06 | 2020-04-01 |
| GRAHAM, Roderick Neil | Director | 2006-12-20 | 2014-07-31 |
| HOLLAND, Martin Peter | Director | 2021-08-01 | 2023-03-31 |
| HOWICK, Joseph Anthony | Director | 2013-02-01 | 2015-03-19 |
| HUGHES, Ian Munro | Director | 2015-03-23 | 2020-04-01 |
| JOHNSTON, Anthony Maurice | Director | 2000-06-27 | 2007-09-27 |
| KIRBY, Andrew | Director | 2015-03-23 | 2020-04-01 |
| MCCOMB, Robert Wilson | Director | — | 1999-11-23 |
| MCRAE, Michael John Standing | Director | 2000-10-25 | 2005-11-30 |
| MORAN, Dominic Gerard Patrick | Director | 2014-03-10 | 2018-04-01 |
| MORROW, John David | Director | 1999-12-08 | 2001-03-28 |
| MORROW, John David | Director | — | 1999-11-10 |
| O'HAIRE, Cormac Patrick Thomas | Director | 1999-08-11 | 1999-11-23 |
| PARTRIDGE, Roger Graham | Director | 2006-12-20 | 2012-09-28 |
| ROSE, Claudia Giuliana Maria | Director | 2015-03-23 | 2016-03-11 |
| STALKER, Christopher David | Director | 2000-06-27 | 2006-12-20 |
| STEAD, Nigel Cleator | Director | 1999-11-23 | 2000-06-22 |
| STEPHENS, Nigel Charles | Director | 1999-11-23 | 2005-08-10 |
| THOMPSON, Matthew Longstreth | Director | 2016-01-06 | 2017-01-06 |
| VOSS, David Anthony Henry | Director | — | 1999-09-03 |
| WHITE, Andrew John | Director | — | 1999-11-23 |
| WHITROW, Robert William Guy | Director | 2010-02-22 | 2012-10-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Zeus Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-01-26 | Active |
| Leasedrive Velo Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-01-26 |
Filing timeline
Last 20 of 363 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-28 | AA | accounts | Accounts with accounts type full | |
| 2025-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-19 | AA | accounts | Accounts with accounts type full | |
| 2024-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-18 | AA | accounts | Accounts with accounts type full | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-19 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2022-01-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-11-02 | AA | accounts | Accounts with accounts type full | |
| 2021-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-10 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-10 | AP01 | officers | Appoint person director company with name date | |
| 2020-12-15 | AA | accounts | Accounts with accounts type full | |
| 2020-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
+2.6%
£39,000 £40,000
-
Net assets
0%
£1,751,000 £1,751,000
-
Employees
—
Not reported
-
Operating profit
-100%
£13,000 £0
-
Profit before tax
-100%
£13,000 £0
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers