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Velocity Distribution Limited

08900857

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

C/O AZETS HOLDINGS LIMITED OXFORD HOUSE, NEWBURY, RG14 1JB
Incorporated 18/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Avtar Singh Johal

director · Since 18/02/2014

SALESMAN

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Avtar Singh Johal

25–50% shares
25–50% votes

British · United Kingdom · Age 61

C/O Azets Holdings Limited, Oxford House, Newbury, RG14 1JB

Notified 06/04/2016

Ms Nicola Catherine Tyrrell

25–50% shares
25–50% votes

British · England · Age 60

64 Hemdean Road, Caversham, Reading, RG4 7ST

Notified 06/04/2016

CompanyRankvs 48375+ SIC 99999 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees67th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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48375Velocity Distribution Limited
38
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity0/20 pts

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

Longevity12/15 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 28/02/2025

Net Worth

-£268

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£268

Working capital

Current Assets

—

Current Liabilities

£268

0avg. employees
Prepared with CCH Software