# VEL IT SOLUTIONS LTD (15096449)

> VEL IT SOLUTIONS LTD is an active private limited company (company number 15096449) incorporated on 25 August 2023, registered in Telford. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £93k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 87% on the prior period (£50k).

- Status: Active
- Incorporated: 2023-08-25
- Registered office: Telford, TF3 2DH
- SIC 62012: Business and domestic software development
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-08
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 6,222 comparable companies in Other (median £1,000, upper quartile £28k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £93k | — | — | £30k | — | — | 1 |
| 2024-08-31 | £50k | — | — | £16k | — | — | 1 |

current ratio 4.07; size band micro.

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

- Net assets above zero: Net assets £93,371 at 31 August 2025
- Net assets up 10% or more on the prior period: +87.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 4.07
- Incorporated two to five years ago: Incorporated 25 August 2023

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

## Persons with significant control

- Ms Ramalakshmi Thiruvadi — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-08-25

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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/15096449
HTML: https://firmoscan.com/company/15096449-vel-it-solutions-ltd