What Vela Wealth Management say about themselves
“Tier One are one of the North East of England's leading independent financial services firms, providing financial planning advice, investment management and direct lending services.”
Vela Wealth Management Limited
- Incorporated
- 21 March 2005 (21 years)
- Previously known as
- Tier One Capital Wealth Management Limited (until 6 November 2026)Carrick Financial Management Limited (until 29 September 2022)
- Industry
- Financial intermediation not elsewhere classified (64999)
- Directors
- Paul Stanley Blight
- Accounts type
- Total exemption full
- Region
- North East
- Address
- 16 Brenkley WaySeaton BurnNewcastle Upon TyneNE13 6DS
Website & contact details
- Website
Filing status
- Accounts due
- 31 December 2026
- Last accounts
- 31 March 2025
- Conf. stmt due
- 15 March 2027
- Last conf. stmt
- 1 March 2026
Charges
- Total
- 2
- Outstanding
- 0
- Part satisfied
- 0
- Satisfied
- 2
Officers 4 active
Officer details are public data from the Companies House register.
Director · Appointed 29 September 2018
Also at Tier One Capital Ltd · more companies
British
Born May 1982 (44)
Director · Appointed 13 March 2018
British
Born May 1980 (46)
Blight, Paul Stanley, Mr.
Secretary · Appointed 1 September 2012
Blight, Paul Stanley
Director · Appointed 6 April 2009
British
Born November 1967
Officer history (6 former)
20 August 2019
Resigned Carrick, Michael as Director
29 September 2018
29 September 2018
13 March 2018
13 March 2018
1 September 2012
1 September 2012
Appointed Blight, Paul Stanley, Mr. as Secretary
1 September 2012
6 April 2009
Appointed Blight, Paul Stanley as Director
23 March 2005
23 March 2005
21 March 2005
21 March 2005
21 March 2005
21 March 2005
Appointed Carrick, Michael as Director
21 March 2005
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Corporate entity · Notified 23 October 2023
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Private Company Limited By Shares
Reg. no. 14568599
Former controllers (3)
23 October 2023
Ceased Tier One Capital Ltd — Owns 75–100% of shares
2 August 2019
Ceased Michael Carrick — Owns 25–50% of shares
2 August 2019
Ceased Paul Stanley Blight — Owns 25–50% of shares
Group structure 3 companies
Ownership group derived from the Companies House PSC register
Tier One Capital FM Limited Owns 75–100% of shares
Vela Wealth Management Limited This company Owns 75–100% of shares
Financials
Figures from 2020 accounts. Newer accounts, made up to 31 March 2025, are filed but not read yet. See them on Companies House
- Net Assets
- £270,819
- up £59,431 (28%)
- Employees
- 5
- no change
- Debt Ratio
- 30%
- Current Ratio
- 2.4x
Balance sheet detail
| 2020 | |
|---|---|
| Fixed Assets | £108,184 |
| Current Assets | £281,376 |
| Creditors (< 1 year) | £118,741 |
| Net Current Assets | £162,635 |
| Net Assets | £270,819 |
| Shareholder Funds | £270,819 |
Filings
Recent filings only. See the full history on Companies House
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 6 November 2026 | Certificate of change of name | |||
| 3 March 2026 | Confirmation statement with no updates | 1 March 2026 | ||
| 30 December 2025 | Total exemption full accounts | 31 March 2025 | ||
| 10 March 2025 | Confirmation statement with no updates | 1 March 2025 | ||
| 30 December 2024 | Total exemption full accounts | 31 March 2024 |
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