VEED LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-30 (in 1mo)
Last made up 2025-06-16
Watchouts
None on the register
Cash
£8M
+43.2% vs 2024
Net assets
-£6M
-403.4% lowest in 6 filed years
Employees
202
+5.2% highest in 6 filed years
Profit before tax
-£11M
+46.5% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £14,303,919 | £26,127,598 | |
| Operating profit | — | — | — | — | -£19,810,688 | -£10,356,453 | |
| Profit before tax | — | — | — | — | -£19,748,703 | -£10,570,203 | |
| Net profit | — | — | — | — | -£18,442,965 | -£9,089,123 | |
| Cash | £25,191 | £631,877 | £22,894,034 | £16,918,099 | £5,556,062 | £7,958,975 | |
| Total assets less current liabilities | £6,346 | £318,854 | £22,332,360 | £16,201,616 | £2,218,334 | -£5,230 | |
| Net assets | £6,346 | £317,863 | £22,300,405 | £16,201,616 | £1,822,306 | -£5,528,239 | |
| Equity | £6,346 | £317,863 | £22,300,405 | £16,201,616 | £1,822,306 | -£5,528,239 | |
| Average employees | 2 | 2 | 17 | 48 | 192 | 202 | |
| Wages | — | — | — | — | £6,739,230 | £8,282,833 | |
| Directors' remuneration | — | — | — | — | £334,800 | £370,850 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+82.7%
£14,303,919 £26,127,598
-
Cash
+43.2%
£5,556,062 £7,958,975
-
Net assets
-403.4%
£1,822,306 -£5,528,239
lowest in 6 filed years
-
Employees
+5.2%
192 202
highest in 6 filed years
-
Operating profit
+47.7%
-£19,810,688 -£10,356,453
-
Profit before tax
+46.5%
-£19,748,703 -£10,570,203
-
Wages
+22.9%
£6,739,230 £8,282,833
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -138.5% | -39.6% | |
| Net margin | — | — | — | — | -128.9% | -34.8% | |
| Return on capital employed | — | — | — | — | -893.0% | 198020.1% | |
| Current ratio | — | — | — | — | 1.35x | 0.99x | |
| Interest cover | — | — | — | — | -4761.04x | -38.69x |
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
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared projected cash flow information in excess of 12 months from the date of their approval of these financial statements. The detailed projections demonstrate the group is forecasted to remain cash positive and accordingly the directors believe that group has adequate resources to continue in operational existence for the period of at least 12 months from the date of the approval of these financial statements.”
Group structure
- VEED LIMITED · parent
- Veed Netherlands B.V. 100%
Significant events
- “There have been no significant events affecting the group since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2025-02-13 | — | — |
| KEYNEJAD, Sabba Benjamin | Director | 2018-03-20 | Jan 1991 | British |
| LIXANDRU, Luciana Maria | Director | 2021-12-03 | Oct 1984 | Romanian |
| MAMEDOV, Timur | Director | 2018-03-20 | Jan 1993 | Russian |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Timur Mamedov | Individual | Shares 25–50%, Voting 25–50% | 2018-03-20 | Active |
| Mr Sabba Benjamin Keynejad | Individual | Shares 25–50%, Voting 25–50% | 2018-03-20 | Active |
Filing timeline
Last 20 of 68 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-06 | SH01 | capital | Capital allotment shares | |
| 2025-12-11 | SH01 | capital | Capital allotment shares | |
| 2025-09-11 | AA | accounts | Accounts with accounts type group | |
| 2025-08-04 | SH01 | capital | Capital allotment shares | |
| 2025-06-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-23 | SH01 | capital | Capital allotment shares | |
| 2025-04-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2025-04-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-28 | SH01 | capital | Capital allotment shares | |
| 2025-02-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-14 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-12-16 | SH01 | capital | Capital allotment shares | |
| 2024-12-16 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-11-21 | SH01 | capital | Capital allotment shares | |
| 2024-10-11 | SH01 | capital | Capital allotment shares | |
| 2024-09-10 | SH01 | capital | Capital allotment shares | |
| 2024-07-10 | SH01 | capital | Capital allotment shares | |
| 2024-05-15 | SH01 | capital | Capital allotment shares | |
| 2024-05-03 | RP04SH01 | capital | Second filing capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 12
- 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.