VELDEN ENGINEERING (U.K.) LTD
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Cash
£39k
+152.4% vs 2024
Net assets
£3.7m
-2% lowest in 3 filed years
Employees
69
+3% highest in 3 filed years
Profit before tax
£3k
-97.4% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £9,833,975 | £7,597,537 | £8,432,938 | +11% | |
| Operating profit | £737,660 | £190,425 | £85,169 | -55.3% | |
| Profit before tax | £652,997 | £114,436 | £3,005 | -97.4% | |
| Net profit | £311,857 | £21,633 | £40,101 | +85.4% | |
| Cash | £578,732 | £15,307 | £38,636 | +152.4% | |
| Total assets less current liabilities | £5,196,501 | £5,824,171 | £5,340,840 | -8.3% | |
| Net assets | £3,941,034 | £3,787,247 | £3,712,636 | -2% | |
| Equity | £3,941,034 | £3,787,247 | £3,712,636 | -2% | |
| Average employees | 66 | 67 | 69 | +3% | |
| Wages | £2,188,601 | £2,269,082 | £2,413,129 | +6.3% | |
| Directors' remuneration | £5,215 | £11,956 | £35,259 | +194.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 7.5% | 2.5% | 1.0% | |
| Net margin | 3.2% | 0.3% | 0.5% | |
| Return on capital employed | 14.2% | 3.3% | 1.6% | |
| Gearing (liabilities / total assets) | 41.2% | 47.5% | 49.8% | |
| Current ratio | — | 1.66x | 1.34x | |
| Interest cover | 8.43x | 2.42x | 1.02x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hill Eckersley & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”
Significant events
- “Further material supply chain issues caused by the worldwide factors beyond the company control impacting on ability to respond and deliver to customer short term requirements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GORDON, Alison Michelle | Secretary | 2003-09-30 | — | British |
| KITCHEN, Alexander | Director | — | May 1951 | British |
| KITCHEN, Amy Nicol | Director | 2024-06-05 | Apr 1996 | British |
| KITCHEN, Julie | Director | — | Aug 1951 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KITCHEN, Alexander | Secretary | — | 1993-10-01 |
| WOOLLEY, John Clifford | Secretary | 1993-10-01 | 2003-10-10 |
| ASPINALL, Charles Samuel | Director | — | 1993-09-30 |
| ASPINAU, Denise | Director | — | 1993-09-30 |
| IRANI, Zahir Nicholas | Director | 1996-03-13 | 2002-03-01 |
| KITCHEN, Austin Lee | Director | 2004-07-28 | 2019-11-13 |
| LOWE, Graeme Thomas | Director | 1993-10-01 | 1994-12-31 |
| MARSHALL, Elsie | Director | — | 1993-09-30 |
| MARSHALL, Keith | Director | — | 1993-09-30 |
| TURNER, Neville | Director | 1996-03-13 | 2021-02-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Austin Lee Kitchen | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-11-13 |
| Mr Austin Lee Kitchen | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-11-13 |
| Mr Alexander Kitchen | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 153 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type medium | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-13 | AA | accounts | Accounts with accounts type medium | |
| 2023-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-03 | AA | accounts | Accounts with accounts type full | |
| 2023-05-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-10 | AA | accounts | Accounts with accounts type full | |
| 2021-02-23 | TM01 | officers | Termination director company with name termination date | |
| 2020-11-18 | AA | accounts | Accounts with accounts type full | |
| 2020-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-02-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-02-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2019-11-13 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.