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Velociti Solutions Limited

02091108

active
ltd
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

20 Harris Business Park, Hanbury Road, Bromsgrove, B60 4BD
Incorporated 20/01/1987

Previously known as

Epm Bus Solutions Limited · until 29/11/2024
E P Morris & Company Limited · until 27/11/2020
Mediumcustom Limited · until 19/03/1987

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/10/2025

Due 22/10/2026

On track

Industry

62012
Business and domestic software development
70229
Management consultancy activities

Officers

Mr Jeff Hewitt

director · Since 08/06/2024

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND

Also on 11 other boards

Mrs Carly Anne Stenton

director · Since 16/09/2024

CFO

BRITISH · ENGLAND

Ms Carly Anne Wilson

director · Since 16/09/2024

CFO

BRITISH · ENGLAND

Also on 12 other boards

Jeff Hewitt

director · Since 08/06/2024

British · England

Carly Anne Wilson

director · Since 16/09/2024

British · England

Former

Ronald Geoffrey Thompson

director · Resigned 30/07/1999

Linda Frier

secretary · Resigned 12/05/2005

Mark David James

director · Resigned 19/01/2007

David William Lees

director · Resigned 19/09/2008

Matthew Toms

director · Resigned 31/01/2014

Philip Timothy Lashford

director · Resigned 08/07/2014

Edward Peter Morris

director · Resigned 11/11/2015

Jacqueline Mary Powell

secretary · Resigned 08/09/2017

Jacqueline Mary Powell

director · Resigned 08/09/2017

Adam William Moseley

director · Resigned 30/09/2020

Ian Churchill

director · Resigned 10/04/2024

Adrian Mark Hipkiss

director · Resigned 08/06/2024

Jim Darragh

director · Resigned 16/09/2024

Matthew Laurence Hanlon

director · Resigned 31/12/2024

Nicolas John Brookes

director · Resigned 26/07/2025

Jonothon Anton

director · Resigned 26/07/2025

Gary David Hyman

director · Resigned 26/07/2025

Persons with Significant Control

Velociti Bus Solutions Limited

75–100% shares
75–100% votes
Appoint directors

Reg: 09784301 · England And Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

KROLL TRUSTEE SERVICES LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 03/09/2025Registered 04/09/2025
Charge
satisfied

TRIPLE POINT ADVANCR LEASING PLC

Created 04/04/2025Registered 08/04/2025Satisfied 13/08/2025
Charge
satisfied

TRIPLE POINT ADVANCR LEASING PLC

Created 28/02/2025Registered 05/03/2025Satisfied 13/08/2025
Charge
satisfied

TRIPLE POINT ADVANCR LEASING PLC

Created 28/02/2025Registered 05/03/2025Satisfied 13/08/2025
Charge
satisfied

SANTANDER UK PLC

Created 16/02/2021Registered 18/02/2021Satisfied 20/03/2025

Change History

status → active
2026-07-19

Active

type → ltd
2026-07-19

Private Limited Company

address line1 → 20 Harris Business Park
2026-07-19

20 HARRIS BUSINESS PARK

post town → Bromsgrove
2026-07-19

BROMSGROVE

CompanyRankvs 1933+ SIC 62012 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£6.0M

Annual revenue

Net Worth

£3.2M

Balance sheet strength

Cash

£329k

Cash in the bank

Profit Before Tax

-£141k

Bottom line earnings

Net Current Assets

£2.3M

Working capital

Current Assets

£10.5M

Current Liabilities

£8.2M

Fixed Assets

£886k

Debtors

£10.2M

Cost of Sales

£435k

Gross Profit

£5.6M

Admin Expenses

£5.7M

Operating Profit

-£137k

Profit After Tax

-£170k

66avg. employees+2

Tax at Year End

Corp tax£34k
Dividends paid£800k

People Costs

Wages & salaries£3.9M
NI contributions£451k

Balance Sheet

Intangible assets£242k
Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.28-£970k
20231.53—

Derived from filed accounts. Not audited figures.