Company Overview
Veechi Technologies Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 08 August 2018, so this is a well established company. Veechi Technologies Ltd has been in business for 7 years and 7 months. The accounts status is micro entity and the accounts are next due on Tuesday 31 May 2022.
Registered Address

42 Kensington Road, Oldham, OL8 4BZ
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Companies House Data
Company NameVEECHI TECHNOLOGIES LTD
Company Number11505121
Registered Office Address42 Kensington Road
 OL8 4BZ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date08/08/2018
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2022
Accounts Last Made Up Date31/08/2020
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date05/09/2019
Directors & Members
Show Resigned
Ahad Shah - Director
(British, 50 years old, born June 1976)
Appointed 11 October 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Ahad Shah
AUS ENTERPRISES LIMITED
AUS HOLDINGS LIMITED
AUS MEDIA LIMITED
AUS PUBLICATIONS LIMITED
BANGLADESH INVESTMENT GROUP LIMITED
BIG INVESTMENT GROUP LTD
CITY BROKERS (UK) LIMITED
CITY BROKERS (UK) LIMITED
DEE SHAH INTERIORS LTD
DINERS JUNCTION LTD
DINERSJUNCTION.COM LIMITED
EATFLIX LIMITED
GLOCAL RECRUIT LIMITED
MEDIA SHAH T/A SAVASAACHI LIMITED
NIYATT REAL ESTATES LIMITED
PLACE IN DUBAI LIMITED
SAVASAACHI MARKETING AGENCY LTD
VARAAK LTD
VENTURE 10 LTD
VIVERE MEDIA LIMITED
WORLD STOCK TRADING LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Aug-2020 31-Aug-2019
Balance Sheet
Fixed Assets 1,785 -2,551
Current Assets 16,727 7,408
Creditors Due Within One Year 15,710 4,156
Working Cap 1,017 3,252
Total Assets Less Current Liabilities 2,802 701
Long-term Liabilities 0 0
Net Assets 2,802 701
Share Capital & Reserves
Share Cap - -
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds 2,802 701
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2020 31-Aug-2019
Tangible Fixed Assets - -
Fixed Assets 9.6% -52.5%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 90.4% 152.5%
Creditors Due Within One Year 84.9% 85.6%
Net Current Assets Liabilities 5.5% 67.0%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability - -
Called Up Share Capital - -
Share Capital Allotted Called Up Paid - -
Profit Loss Account Reserve - -
Shareholder Funds 15.1% 14.4%
Capital Employed - -
Total Assets Less Current Liabilities 15.1% 14.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2020 31-Aug-2019
Liquidity Ratio 1.1 1.8
Solvency Ratio 1.2 1.2
Reserves to Assets - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2020 31-Aug-2019
Assets 18,512 4,857
Debt 15,710 4,156
Net Assets/Debt 2,802 701
The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around OL8 4BZ
SGASS LTD
36 KENSINGTON ROAD, OLDHAM, OL8 4BZ
Document Filings
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Termination of appointment of Aus Holdings Ltd as a director on 25 April 2022
Termination of appointment of Muhammad Shahab Uddin as a director on 11 October 2021
Appointment of Mr Ahad Ullah Shah as a director on 11 October 2021
Confirmation statement made on 7 August 2021 with no updates
Confirmation statement made on 7 August 2020 with no updates
Termination of appointment of Ahad Ullah Shah as a director on 8 November 2019
Appointment of Aus Holdings Ltd as a director on 8 November 2019
Appointment of Mr Muhammad Shahab Uddin as a director on 8 November 2019
Registered office address changed from 8 Rochdale Road Royton OL2 6QJ England to 42 Kensington Road Oldham OL8 4BZ on 5 November 2019
Confirmation statement made on 7 August 2019 with no updates
Change of details for Mr Ahad Ullah Shah as a person with significant control on 12 September 2019
Director's details changed for Mr Ahad Ullah Shah on 12 September 2019
Registered office address changed from 20-22 Wenlock Road London N1 7GU England to 8 Rochdale Road Royton OL2 6QJ on 6 September 2019
Notification of Ahad Ullah Shah as a person with significant control on 3 September 2018
Appointment of Mr Ahad Ullah Shah as a director on 3 September 2018
Cessation of Ahad Ullah Shah as a person with significant control on 3 September 2018
Termination of appointment of Ahad Ullah Shah as a director on 3 September 2018
Incorporation
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