Velocity Project Services Limited
07874126
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/12/2011
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 2 other boards
director · Since 07/12/2011
COMPANY DIRECTOR
ENGLISH · ENGLAND · Age 42
Also on 1 other board
Persons with Significant Control
Mr Michael John Kerr
English · England · Age 42
225 London Road, Burgess Hill, RH15 9QU
Notified 06/04/2016
Mr Richard Adam Copper
British · England · Age 42
225 London Road, Burgess Hill, RH15 9QU
Notified 06/04/2016
CompanyRankvs 2237+ SIC 43290 peers78
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£980k
Balance sheet strength
Cash
£635k
Cash in the bank
Net Current Assets
£899k
Working capital
Current Assets
£1.2M
Current Liabilities
£307k
Fixed Assets
£107k
Debtors
£567k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.93 | +£110k |
| 2024 | 8.15 | -£35k |
| 2023 | 3.54 | — |
Derived from filed accounts. Not audited figures.