VELA UK HOLDCO LTD

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

• Turnover

  —

  Not reported

• Cash

  -14.1%

  £199,152 → £171,010

• Net assets

  +7.7%

  £13,803,441 → £14,859,658

• Employees

  —

  Not reported

• Operating profit

  -1,878.1%

  -£12,163 → -£240,602

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Hillier Hopkins LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The directors have reviewed the working capital requirements of the company for a period of at least 12 months from the anticipated date of signing the financial statements and are satisfied that the company will be able to meet its liabilities as they fall due. Further more, the directors have obtained confirmation of ongoing support from its ultimate parent company which will extend for a period of at least 12 months from the anticipated date of signing the financial statements.”

Group structure

1. VELA UK HOLDCO LTD · parent
   1. Traveltek Group Holdings Limited 100% · Scotland
   2. Airport Information Systems Limited 100% · England
   3. ITS Computing Limited 100% · Northern Ireland
   4. FOG UK Holdco Limited 100% · England
   5. Vela APAC UK Holdco Limited 100% · England
   6. Carina UK Holdco Limited 100% · Wales
   7. Tune Japan Corporation 100% · Japan

Significant events

• “As part of the acquisition of Traveltek Group Holdings Limited, the company has entered into an earn-out arrangement whereby additional consideration may become payable contingent on the future performance of the acquired business over a defined period.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.