Velocity It Ltd
07126010
Healthy
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Core Technology Systems (U.K) Limited
C/O Core Technology Systems Uk Ltd, 9th Floor, 9 Appold Street, London, EC2A 2AP
Reg: 02502866 · Companies House Uk · Private Company Limited By Shares
Notified 13/03/2024
Former PSCs
Mrs Sally Van Rooyen
Ceased 07/10/2017
Mr Arno De Wet Van Rooyen
Ceased 13/03/2024
Charges2 outstanding
TC LOANS LIMITED
TC SECURITY TRUSTEE LIMITED
CompanyRankvs 7170+ SIC 62012 peers63
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
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
£12
Balance sheet strength
Cash
£18k
Cash in the bank
Net Current Assets
£1.5M
Working capital
Current Assets
£1.6M
Current Liabilities
£104k
Fixed Assets
£3k
Debtors
£1.6M
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 15.34 |
| 2024 | 10.42 |
| 2023 | 7.49 |
| 2022 | 9.91 |
| 2021 | 17.30 |
| 2020 | 22.95 |
| 2019 | 17.84 |
Derived from filed accounts. Not audited figures.