CompanyTrack
V

VEL GROUP TOPCO LIMITED

Active Watford

Activities of other holding companies n.e.c.

125 employees
Activities of other holding companies n.e.c.
V

VEL GROUP TOPCO LIMITED

Activities of other holding companies n.e.c.

Founded 18 Dec 2023 Active Watford, United Kingdom 125 employees
Activities of other holding companies n.e.c.
Accounts Submitted 26 Sept 2025
Confirmation Statement Submitted 23 Dec 2024
Net assets £-3.20M
Total assets £17.36M
Total Liabilities £20.56M
Charges 2
2 outstanding

AI Analysis

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Contact & Details

Registered Address

7a Odhams Trading Estate St. Albans Road Watford Herts WD24 7RY United Kingdom

Credit Report

Discover VEL GROUP TOPCO LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2024–2024)

Cash in Bank

£1.03M

Net Assets

-£3.20M

Total Liabilities

£20.56M

Turnover

£23.55M

Employees

125

Debt Ratio

118%

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
P&L
Revenue
£142.3M
Gross Profit
£48.2M
Operating Profit
£22.4M
Net Profit
£18.1M
EBITDA
£31.5M
Assets
Cash
£24.7M
Total Assets
£89.4M
Liabilities
Total Liabilities
£45.2M
Key Metrics
Employees
1,247
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

3 Allotments 999,900 Shares £500k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
16 Feb 2024799,900£385k£0.481
16 Feb 202420,000£10k£0.5
16 Feb 2024180,000£105k£0.583

Officers

Officers

5 active
Status
Alexander Peter WilsonDirectorBritishUnited Kingdom4223 Jan 2024Active
David Robert George WebsterDirectorBritishUnited Kingdom4416 Feb 2024Active
Duncan Alastair GibsonDirectorBritishUnited Kingdom5916 Feb 2024Active
Hiten Dineshbhai PatelDirectorBritishUnited Kingdom4616 Feb 2024Active
Mauro Andrea BiagioniDirectorBritishEngland4818 Dec 2023Active

Shareholders

Shareholders (12)

Nvm Gp Llp, In Its Capacity As General Partner Of Nv3b Lp
80.0%
800,00023 Dec 2024
Steven Brown
1.5%
15,00023 Dec 2024
Richard Manning
0.6%
6,00023 Dec 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Nvm Gp Llp

United Kingdom

Active
Notified 18 Dec 2023
Nature of Control
  • Ownership Of Shares 75 To 100 Percent As Firm
  • Voting Rights 75 To 100 Percent As Firm
  • Right To Appoint And Remove Directors As Firm

Group Structure

Group Structure

NVM GP LLP united kingdom significant influence or control as firm limited liability partnership
NV1 GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
NVM PRIVATE EQUITY LLP united kingdom
VEL GROUP TOPCO LIMITED Current Company
VEL GROUP BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

2 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
26 Sept 2025AccountsAnnual accounts made up to 2025-03-31View(38 pages)
18 Sept 2025CapitalCapital Return Purchase Own SharesView(4 pages)
18 Sept 2025CapitalCapital Cancellation SharesView(4 pages)
24 Jan 2025MortgageMortgage Create With Deed With Charge Number Charge Creation DateView(22 pages)
23 Dec 2024Confirmation StatementConfirmation statement made on 2024-12-17 with updatesView(7 pages)
26 Sept 2025 Accounts

Annual accounts made up to 2025-03-31

18 Sept 2025 Capital

Capital Return Purchase Own Shares

18 Sept 2025 Capital

Capital Cancellation Shares

24 Jan 2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

23 Dec 2024 Confirmation Statement

Confirmation statement made on 2024-12-17 with updates

Recent Activity

Latest Activity

Annual accounts made up to 2025-03-31

4 months ago on 26 Sept 2025

Capital Return Purchase Own Shares

5 months ago on 18 Sept 2025

Capital Cancellation Shares

5 months ago on 18 Sept 2025

Mortgage Create With Deed With Charge Number Charge Creation Date

1 years ago on 24 Jan 2025

Confirmation statement made on 2024-12-17 with updates

1 years ago on 23 Dec 2024