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Velocit Solutions Limited

05555215

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

2 HISPANO AVENUE, FAREHAM, PO15 7DP
Incorporated 06/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation
62020
Information technology consultancy activities

Officers

Mrs Emily Bassa

secretary · Since 06/09/2005

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Mr Jason Bassa

director · Since 06/09/2005

IT CONTRACTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mrs Emily Bassa

director · Since 04/11/2005

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Persons with Significant Control

Mr Jason Bassa

50–75% shares
50–75% votes
Significant control

British · England · Age 58

2 Hispano Avenue, Fareham, PO15 7DP

Notified 15/08/2016

Mrs Emily Bassa

50–75% shares
Significant control

British · England · Age 47

2 Hispano Avenue, Fareham, PO15 7DP

Notified 15/08/2016

CompanyRankvs 908+ SIC 55900 peers
75

Financial strength55th percentile among SIC peers · 14/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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908Velocit Solutions Limited
75
How is this score calculated?
Financial strength14/25 pts

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

Employees11/15 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 30/09/2020

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£15k

Current Liabilities

£3k

Fixed Assets

£1

2avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20204.33-£15k
20192.55+£4k
20180.42—

Derived from filed accounts. Not audited figures.