# VEL ESSA DESIGN & ENGINEERING LTD (13255074)

> VEL ESSA DESIGN & ENGINEERING LTD is an active private limited company (company number 13255074) incorporated on 9 March 2021, registered in Reading. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest small accounts cover the period ending 31 March 2025, showing net assets of £166k and cash of £108k, with 2 employees on average. Net assets rose 57% on the prior period (£106k).

- Status: Active
- Incorporated: 2021-03-09
- Registered office: Reading, RG6 7NA
- SIC 71121: Engineering design activities for industrial process and production
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-23
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 115 comparable companies in Reading (median £13k, upper quartile £76k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £166k | £108k | £116k | £58k | — | — | 2 |
| 2024-03-31 | £106k | £234k | £32k | £160k | — | — | 2 |

current ratio 3.88; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £165,763 at 31 March 2025
- Net assets up 10% or more on the prior period: +56.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.88
- Cash at bank of £50,000 or more: Cash £107,618
- Incorporated five or more years ago: Incorporated 9 March 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Velkumaran Vadivel — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-03-09

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13255074
HTML: https://firmoscan.com/company/13255074-vel-essa-design-engineering-ltd