UK Companies House feature
INDIEVELO LTD
Cash
£20K
-47.1% vs 2024
Net assets
-£7K
-107.7% vs 2024
Employees
1
0% vs 2024
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 14725430
- Status
- Active
- Incorporation
- 2023-03-13
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
2-year trend · vs UK AI & Enterprise SaaS median
Accounts
2-year trend · latest 2024-12-31
| Metric | Trend | 2024-03-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £88,246 | -£38,470 | |
| Cash | £38,555 | £20,412 | |
| Total assets less current liabilities | £88,203 | -£6,346 | |
| Net assets | £87,346 | -£6,711 | |
| Equity | £87,346 | -£6,711 | |
| Average employees | 1 | 1 | |
| 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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Affinia (Chelmsford)
- Audit opinion
- Qualified
- Going concern
- Affirmed
“However, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future due to the ultimate parent company providing support to the company for a period of at least 12 months from the date of approval of the company financial statements. On this basis, the director continues to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “The financial statements have been prepared for an accounting period shorter than twelve months to bring the company year end date in line with group compan es. Therefore, prior year figures are not entirely comparable.”
- “Prior period sales were restated to be increased by £71,058, increasing the profit and loss reserve by the same amount. The adjustment reflects the accrual of income due for services performed within the prior financial period.”
- “Prior period administrative expenses were restated to be increased by £2,203, and prior period cost of sales were restated to be increased by £15,823, decreasing the profit and loss reserve by £18,026. The adjustment reflects the accrual of expenses incurred in relation to the prior period which were not invoiced until after the prior balance sheet date.”
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 · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GERAKOS, Lee | Director | 2024-10-15 | Mar 1975 | American |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GILBERT, George, Dr | Director | 2023-03-13 | 2024-10-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Peaksware Holdings Llc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-15 | Ceased 2024-10-15 |
| Andrew Stephens | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-15 | Active |
| Dr George Gilbert | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-13 | Ceased 2024-10-15 |
Filing timeline
Last 16 of 16 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-25 | AA | accounts | accounts with accounts type full |
| 2026-03-10 | DISS40 | gazette | gazette filings brought up to date |
| 2026-03-03 | GAZ1 | gazette | gazette notice compulsory |
| 2025-10-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-19 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2025-02-19 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-12-16 | AA01 | accounts | change account reference date company current shortened |
| 2024-11-21 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-11-21 | AP01 | officers | appoint person director company with name date |
| 2024-11-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-11-20 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-11-20 | TM01 | officers | termination director company with name termination date |
| 2024-11-20 | AD01 | address | change registered office address company with date old address new address |
| 2024-09-04 | AA | accounts | accounts with accounts type total exemption full |
| 2024-03-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-13 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory