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VELVET LIVING LIMITED Financials

Company number
06639645Copy
Copy
Registered office
71 Maskell Road, London SW17 0NL
Incorporated
07/07/2008

Company snapshot

Status
Active
Employees
13 (2025)
Latest financial data
2025
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£5.45M2025
12.74%vs 2024

2024: £4.83M

Total Assets

£7.43M2025
12.42%vs 2024

2024: £6.61M

Cash in Bank

£4.91M2025
21.06%vs 2024

2024: £4.06M

Total Liabilities

£1.04M2025
26.52%vs 2024

2024: £822.24K

Employees

132025
0vs 2024

2024: 13

In 2025, VELVET LIVING LIMITED reported net assets of £5.45M. The same filing shows total assets of £7.43M, cash in bank of £4.91M and total liabilities of £1.04M. Reported headcount was 13 in 2025. Cash in Bank rose from £4.06M in 2024 to £4.91M in 2025 (21.06%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£5.45M2025
12.74%from £4.83M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures VELVET LIVING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£4.27M2023£5.45M2025
+27.4%vs 2023

+12.9% a year compound (CAGR)

Cash in Bank

£3.60M2023£4.91M2025
+36.5%vs 2023

+16.8% a year compound (CAGR)

Total Assets

£6.08M2023£7.43M2025
+22.2%vs 2023

+10.6% a year compound (CAGR)

Total Liabilities

£849.14K2023£1.04M2025
+22.5%vs 2023

+10.7% a year compound (CAGR)

Employees

122023132025
+8.3%vs 2023+1

Biggest increase

Cash in Bank+36.5%

£3.60M in 2023 to £4.91M in 2025

Every indicator Okredo holds for VELVET LIVING LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from VELVET LIVING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
73.28%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
13.99%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
472.42%2025
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
66.11%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for VELVET LIVING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£2.13M3.25M4.27M4.83M5.45M
Total Assets£3.72M5.54M6.08M6.61M7.43M
Cash in Bank£1.67M3.36M3.60M4.06M4.91M
Total Liabilities£701.30K1.41M849.14K822.24K1.04M
Employees1010121313

VELVET LIVING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for VELVET LIVING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

VELVET LIVING LIMITED reported net assets of £5.45M for 2025. That compares with £4.83M in 2024, a change of 12.74%.

VELVET LIVING LIMITED reported total assets of £7.43M for 2025. That compares with £6.61M in 2024, a change of 12.42%.

VELVET LIVING LIMITED reported cash in bank of £4.91M for 2025. That compares with £4.06M in 2024, a change of 21.06%.

VELVET LIVING LIMITED reported 13 employees in 2025, compared with 13 in 2024.

Between 2023 and 2025, VELVET LIVING LIMITED's net assets rose by 27.4%, cash in bank rose by 36.5%, total assets rose by 22.2% and total liabilities rose by 22.5%. Net assets compounded at 12.9% a year across the two years to 2025, from £4.27M to £5.45M. Reported headcount went from 12 in 2023 to 13 in 2025 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.