VEL GROUP BIDCO LIMITED - Profile & Financials

Accounts Submitted 26 Sept 2025

Confirmation Statement Submitted 23 Dec 2024

Net assets £-3.09M

Total assets £14.56M

Total Liabilities £17.65M

Charges 3

3 outstanding

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Contact & Details

Contact

Update Details

Registered Address

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

Credit Report

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Mutual Companies

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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

£12.82k

Net Assets

-£3.09M

Total Liabilities

£17.65M

Turnover

N/A

Employees

Debt Ratio

121%

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

Officers

5 active

Show resigned officers

						Status
Alexander Peter Wilson	Director	British	United Kingdom	42	23 Jan 2024	Active
David Robert George Webster	Director	British	United Kingdom	44	16 Feb 2024	Active
Duncan Alastair Gibson	Director	British	United Kingdom	59	16 Feb 2024	Active
Hiten Dineshbhai Patel	Director	British	United Kingdom	46	16 Feb 2024	Active
Mauro Andrea Biagioni	Director	British	England	48	18 Dec 2023	Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Vel Group Topco Limited

United Kingdom

Active

Notified 18 Dec 2023

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

VEL GROUP TOPCO LIMITED united kingdom shares 75 to 100 percent as firm, voting rights 75 to 100 percent as firm, appoint/remove directors as firm

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 BIDCO LIMITED Current Company

VEGETARIAN EXPRESS TOPCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

3 outstanding

Documents

Company Filings

Date	Category	Description	Document
26 Sept 2025	Accounts	Annual accounts made up to 2025-03-31	View(21 pages)
24 Jan 2025	Mortgage	Mortgage Create With Deed With Charge Number Charge Creation Date	View(22 pages)
23 Dec 2024	Confirmation Statement	Confirmation statement made on 2024-12-17 with no updates	View(3 pages)
6 Oct 2024	Accounts	Annual accounts made up to 2024-12-31	View(1 page)
3 Jun 2024	Address	Move Registers To Sail Company With New Address	View(1 page)