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Business and domestic software development · Cheltenham, South West

Vela Software

Vela Software Limited

Turnover down 14%Staff down 13%ActiveLatest figures: 2025Filed as a medium-sized companyCompany only7 years on the register

Private limited company registered in Cheltenham, classed under “Business and domestic software development”.

Headline figures

FY to Dec 2025 · Company only

Turnover

For subscribers

Profit after tax

£719k

Net assets

For subscribers

Cash

For subscribers

Employees

For subscribers

Retained reserves

For subscribers

What the numbers say

4 findings from the figures, in plain English

Written by rules from the figures on this page. Not a forecast or a credit opinion.

History

Pro
£20212022202320242025
Profit after tax£719k
Turnover
Net assets
Cash
Employees
Retained reserves

Every figure for all 5 years

“—” means we did not find the figure in a source; it is never filled with an estimate.

Balance sheet and ratios

From the filed balance sheets · £

Balance sheet2022202320242025
Fixed assets
Current assets
of which debtors
of which cash
Creditors due within a year
Net current assets
Net assets
Ratios
Profit marginProfit after tax as a share of turnover
Return on equityProfit after tax as a share of net assets
Current ratioCurrent assets for every £1 owed within a year
Cash ratioCash for every £1 owed within a year
Creditors to assetsEverything owed to creditors as a share of fixed plus current assets
Turnover per employeeTurnover divided by average staff
Debtor daysDays of turnover owed by customers at the year end

7 balance-sheet lines and 7 ratios, every year

A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.

Timeline

Checked 2026-10-12

  1. Accounts
    Accounts for a medium company made up to 31 December 2025
  2. Accounts
    Accounts for a medium company made up to 31 December 2024
  3. Accounts
    Full accounts made up to 31 December 2023
  4. Accounts
    Full accounts made up to 31 December 2022
  5. Directors
    Appointment of Mr James Tyler O'hagan as a director on 12 April 2023
  6. Directors
    Termination of appointment of Daniel Lee as a director on 12 April 2023
  7. Accounts
    Full accounts made up to 31 December 2021
  8. Accounts
    Full accounts made up to 31 December 2020
  9. Address
    Registered office address changed from 5th Floor, 10 Finsbury Square London EC2A 1AF to 6th Floor, Eagle Tower Montpellier Drive Cheltenham GL50 1TA on 16 September 2021
  10. Accounts
    Full accounts made up to 31 December 2019
  11. Directors
    Appointment of Mr Daniel Lee as a director on 30 September 2020
  12. Directors
    Termination of appointment of John Billowits as a director on 30 September 2020
  13. 1 earlier
    1. Directors
      Director's details changed for Mark Thompson on 5 August 2020

From the Companies House filing history. Routine confirmation statements are left out, and a run of the same filing is shown once.

Questions people ask

›What does Vela Software do?

Private limited company registered in Cheltenham, classed under “Business and domestic software development”.

›How much turnover does Vela Software make?

Answered in the full report

›Is Vela Software profitable?

Yes: it made a profit after tax of £719k in the year to 31 December 2025, its latest filed accounts.

›How many people work at Vela Software?

Answered in the full report

›Who runs and owns Vela Software?

Answered in the full report

›Where is Vela Software based?

Its registered office is 6th Floor, Eagle Tower, Montpellier Drive, Cheltenham, GL50 1TA, in Cheltenham, South West.

›When was Vela Software founded?

Vela Software Limited was incorporated on 26 July 2019.

›Is Vela Software still trading?

The register lists Vela Software Limited as active.