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Velospeed Electric Bikes Limited

03290715

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE OLD SCHOOL HOUSE AMBURY ROAD, READING, RG8 9TJ
Incorporated 11/12/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Nicholas Martin Williams

director · Since 20/01/1997

MARKETING MANAGER

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Mr John Justin Neville Clark

secretary · Since 15/11/2010

Also on 1 other board

Mr John Justin Neville Clark

director · Since 15/11/2010

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr John Justin Neville Clark

25–50% shares
25–50% votes

British · England · Age 63

Old School House, Ambury Road, Reading, RG8 9TJ

Notified 15/11/2016

Mr Nicholas Martin Williams

25–50% shares
25–50% votes

British · England · Age 75

Unit 10, Frilsham Home Farm, Thatcham, RG18 0XT

Notified 01/12/2016

Charges0 outstanding

charge
satisfied

AIB GROUP (UK) PLC

Created 22/04/1998Registered 24/04/1998Satisfied 09/09/2010

CompanyRankvs 63+ SIC 47640 peers
88

Financial strength94th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.83× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£263k

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£263k

Working capital

Current Assets

£317k

Current Liabilities

£54k

Fixed Assets

£415

Debtors

£18k

6avg. employees

Tax at Year End(2023)

Corp tax£196
VAT£22k

Director Loans(2023)

Company owes directors£528

Balance Sheet

Assets less current liabilities£263k
Signed by J Clark 02/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.83-£43k
20235.02-£18k£447k
20225.52+£53k£479k
20213.41

Derived from filed accounts. Not audited figures.