VELARDRIVE LTD

Company number 11933051 · Active (Active - Proposal to Strike off)

VELARDRIVE LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 8 Apr 2019. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 30 Apr 2020 show equity of −£24k, total assets of £26k, turnover of £32k, a result of −£8,538. It has filed 1 set 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

Return on assets4.4×-0.633926–-0.0567532 · 0.51 % became insolvent
Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Loss2.7×1 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent

Lowers the risk

Turnover (log)0.3×3.94176–4.75479 · 0.03 % became insolvent
Accounts filed0.5×0–3 · 0.06 % 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
11933051 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
8 Apr 2019 (8 years)
Registered address
E9 6AG LONDON
Postcode area
London East
Activity
45112 Sale of used cars and light motor vehicles
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Apr 202015 Dec 2020£32k −£8,538−£24k£26k £10k–1

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

Similar companies in London East

Questions about VELARDRIVE LTD

What is the company number of VELARDRIVE LTD?

VELARDRIVE LTD is registered under company number 11933051 in the official register of United Kingdom. View it at the official register.

Is VELARDRIVE LTD still active?

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

Has VELARDRIVE LTD gone bankrupt or into insolvency?

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

How likely is VELARDRIVE LTD to become insolvent?

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

When was VELARDRIVE LTD founded?

VELARDRIVE LTD was incorporated on 8 Apr 2019.

Where is VELARDRIVE LTD registered?

VELARDRIVE LTD's registered address is in E9 6AG LONDON (London East), United Kingdom.

What do the latest accounts of VELARDRIVE LTD show?

The latest published accounts (period ending 30 Apr 2020) show equity of −£24k, total assets of £26k, turnover of £32k, a result of −£8,538, 1 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.