UK Companies House feature
VELTA INTERNATIONAL LTD
Cash
£613K
-9.8% vs 2023
Net assets
£1M
+30.7% vs 2023
Employees
36
-7.7% vs 2023
Profit before tax
£427K
+135.5% vs 2023
Profile
- Company number
- 03873306
- Status
- Active
- Incorporation
- 1999-11-08
- Last accounts made up
- 2024-11-30
- Account category
- FULL
- Primary SIC
- 49410
Net assets
6-year trend · vs UK Logistics & Mobility median
Accounts
6-year trend · latest 2024-11-30
| Metric | Trend | 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £11,751,140 | £29,749,857 | — | — | — | |
| Operating profit | — | £172,559 | £517,085 | — | — | — | |
| Profit before tax | — | £164,969 | £504,758 | £1,204,529 | £181,490 | £427,344 | |
| Net profit | — | £123,333 | £312,851 | £961,906 | £129,466 | £315,766 | |
| Cash | — | £214,929 | £175,361 | £338,464 | £679,675 | £612,991 | |
| Total assets less current liabilities | — | £638,256 | £907,185 | £976,691 | £1,036,157 | £1,351,923 | |
| Net assets | — | £586,974 | £899,825 | £969,331 | £1,028,797 | £1,344,563 | |
| Equity | £463,641 | £586,974 | £899,825 | £969,331 | £1,028,797 | £1,344,563 | |
| Average employees | — | 39 | 35 | 41 | 39 | 36 | |
| Wages | — | £1,240,433 | £1,281,017 | £1,614,205 | £1,645,138 | £1,599,999 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Rickard Luckin Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “During the year the Company recognised an exceptional item relating to the write-off of an intercompany loan with Ryley Forwarding Limited. The decision to write off the loan was based on the inability to recover the amount. As a result, the full amount of the loan has been written off in the current period, and the write-off is classified as an exceptional item due to its nature and size, which are outside the ordinary course of business.”
- “In February 2024, the Company entered into a guarantee agreement for the lease obligations of Velta Logistics Limited. The lease commences on 1st June 2025, which is after the end of the reporting period. The maximum potential exposure of the Company under this guarantee is £1,743,750 representing the total lease payments due under the agreement.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURNETT, Stephen Mark | Director | 2020-09-24 | Nov 1980 | British |
| PORTAT, Marcel Andre | Director | 2020-09-24 | Feb 1969 | British |
| REYNOLDS, Douglas Clive | Director | 1999-11-08 | Jan 1970 | British |
| SPURLING, Joanne | Director | 2020-09-24 | Jul 1976 | British |
| SUGDEN, Matthew | Director | 2021-09-16 | Mar 1982 | British |
| WATSON, Shannon Marie | Director | 2020-09-24 | Sep 1989 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REYNOLDS, Julie | Secretary | 1999-11-08 | 2012-07-09 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1999-11-08 | 1999-11-08 |
| COX, Martin | Director | 2018-02-28 | 2023-08-31 |
| WILLIAMS, Nigel Lawrence | Director | 2020-09-24 | 2023-04-28 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1999-11-08 | 1999-11-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Velta Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 117 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-03 | CH01 | officers | change person director company with change date |
| 2025-10-20 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-10-20 | CH01 | officers | change person director company with change date |
| 2025-10-20 | CH01 | officers | change person director company with change date |
| 2025-10-20 | CH01 | officers | change person director company with change date |
| 2025-10-20 | CH01 | officers | change person director company with change date |
| 2025-10-20 | CH01 | officers | change person director company with change date |
| 2025-10-20 | CH01 | officers | change person director company with change date |
| 2025-10-20 | AD01 | address | change registered office address company with date old address new address |
| 2025-04-17 | AA | accounts | accounts with accounts type full |
| 2025-01-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-11-28 | CH01 | officers | change person director company with change date |
| 2024-11-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-19 | AA | accounts | accounts with accounts type full |
| 2024-04-29 | CH01 | officers | change person director company with change date |
| 2024-01-08 | SH03 | capital | capital return purchase own shares |
| 2023-12-11 | SH06 | capital | capital cancellation shares |
| 2023-11-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-05 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2024-11-30
2.61
SAFE
Altman Z″
- Working capital / Total assets 0.256 × 6.56 = +1.68
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.083 × 6.72 = +0.56
- Book equity / Total liabilities 0.357 × 1.05 = +0.38
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory