Cash

£965K

Latest balance sheet

Net assets

£593K

Equity attributable

Employees

5

Average over period

Profit before tax

-£577K

Period ending 2022-12-31

Profile

Company number
14158695
Status
Active
Incorporation
2022-06-08
Last accounts made up
2024-12-31
Account category
GROUP
Primary SIC
62012
Hubs
UK AI & Enterprise SaaS

Net assets

1-year trend · vs UK AI & Enterprise SaaS median

£0£500k£1m2022
VELEXA LTD

Accounts

1-year trend · latest 2022-12-31

Metric Trend 2022-12-31
Turnover £405,000
Operating profit -£481,753
Profit before tax -£576,521
Net profit -£576,521
Cash £964,769
Total assets less current liabilities £9,669,200
Net assets £593,166
Equity £593,166
Average employees 5
Wages

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
IFRS
Reporting scope
Consolidated (group)
Auditor
Buzzacott Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Subsidiaries

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

1 active · 2 resigned

Name Role Appointed Born Nationality
STRODE, Ilona Director 2022-06-08 May 1973 Latvian
Show 2 resigned officers
Name Role Appointed Resigned
KOSTOVA, Tamara Lachezarova Director 2022-06-08 2025-11-05
MOYO, Tendeukai Adela Director 2022-06-08 2025-12-12

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Arnold Aellen Individual Shares 75–100%, Voting 75–100%, Appoints directors 2022-06-08 Active

Filing timeline

Last 16 of 16 total filings

Date Type Category Description
2025-12-12 TM01 officers termination director company with name termination date
2025-11-11 TM01 officers termination director company with name termination date
2025-09-05 AA accounts accounts with accounts type group
2025-06-19 CS01 confirmation-statement confirmation statement with no updates
2024-09-12 AA accounts accounts with accounts type group
2024-06-14 CS01 confirmation-statement confirmation statement with no updates
2023-10-02 AAMD accounts accounts amended with made up date
2023-09-14 AA accounts accounts with accounts type unaudited abridged
2023-06-13 CS01 confirmation-statement confirmation statement with no updates
2023-03-22 AA01 accounts change account reference date company previous shortened
2022-09-26 RPCH01 miscellaneous legacy
2022-09-02 CH01 officers change person director company with change date
2022-09-02 AD01 address change registered office address company with date old address new address
2022-07-08 PSC01 persons-with-significant-control notification of a person with significant control
2022-07-07 PSC09 persons-with-significant-control withdrawal of a person with significant control statement
2022-06-08 NEWINC incorporation incorporation company

Credit score

Altman Z″ (private-firm) · reference 2022-12-31

0.06

DISTRESS

Altman Z″

  • Working capital / Total assets 0.030 × 6.56 = +0.20
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets -0.025 × 6.72 = -0.17
  • Book equity / Total liabilities 0.032 × 1.05 = +0.03

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

Activity Score not yet computed for this company.

Official Companies House page