Vela Software Limited
Active12125319Information & communicationIncorporated 26 Jul 2019 · Cheltenham
The principal activity of the company in the year under review was that of business and domestic software development.
Revenue
£3.5m
▲ +7.4% vs prior ~12m period
Profit after tax
£526k
Margin 20.2%
Employees
23
▼ -11.5% vs prior ~12m period
Net assets
£5.4m
Total assets £16.9m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Dec 2019
£1.3m
Dec 2020
£3.5m▲ +162.1%
Dec 2021
£3.0m▼ -12.7%
Dec 2022
£2.8m▼ -8.3%
Dec 2023
£3.2m▲ +15.6%
Dec 2024
£3.5m▲ +7.4%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £3.5m | ▲ +7.4% | £708k | 23 | £5.4m |
| 31 Dec 2023 | £3.2m | ▲ +15.6% | £607k | 26 | £4.8m |
| 31 Dec 2022 | £2.8m | ▼ -8.3% | -£268k | 22 | £4.4m |
| 31 Dec 2021 | £3.0m | ▼ -12.7% | -£79k | 19 | £4.5m |
| 31 Dec 2020 | £3.5m | ▲ +162.1% | £877k | 16 | £4.5m |
| 31 Dec 2019 | £1.3m | — | £457k | 16 | £3.9m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £3.5m
- Gross profit
- £1.0m
- Operating profit
- £698k
- Profit before tax
- £708k
- Profit after tax
- £526k
Balance sheet
- Total assets
- £16.9m
- Cash
- £57k
- Total liabilities
- £11.5m
- Net assets
- £5.4m
- Revenue per employee
- £151k
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