VELNORG LTD

Company number 10365209 · Active (Active - Proposal to Strike off)

VELNORG LTD is a private limited company registered in BIRMINGHAM, United Kingdom, incorporated on 8 Sep 2016. Its registered activity is temporary employment agency activities. Its latest published accounts for the period ending 31 Aug 2024 show equity of £358k, total assets of £601k. It has filed 6 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Industry2.4×78 · 0.28 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
10365209 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
8 Sep 2016 (10 years)
Registered address
B1 2JB BIRMINGHAM
Postcode area
Birmingham
Activity
78200 Temporary employment agency activities
Industry
Employment activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Aug 202415 May 2025– –£358k£601k £243k£18k200
31 Aug 202315 May 2024– –£308k£398k £90k£16k150
31 Aug 202215 May 2023– –£232k£506k £148k£20k70
31 Aug 202115 May 2022– –£218k£325k £60k£144k80
31 Aug 202015 Nov 2020– –£201k£370k £94k£270k12
31 Aug 201915 Jan 2020– –£91k£240k £142k£24k–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about VELNORG LTD

What is the company number of VELNORG LTD?

VELNORG LTD is registered under company number 10365209 in the official register of United Kingdom. View it at the official register.

Is VELNORG LTD still active?

Yes. VELNORG LTD is registered as active (status: Active - Proposal to Strike off).

Has VELNORG LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for VELNORG LTD in the official data.

How likely is VELNORG LTD to become insolvent?

Our model estimates a 0.01 % probability that VELNORG LTD becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was VELNORG LTD founded?

VELNORG LTD was incorporated on 8 Sep 2016.

Where is VELNORG LTD registered?

VELNORG LTD's registered address is in B1 2JB BIRMINGHAM (Birmingham), United Kingdom.

What do the latest accounts of VELNORG LTD show?

The latest published accounts (period ending 31 Aug 2024) show equity of £358k, total assets of £601k, 200 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.