Back to search

Velocity Mobile Limited

08973073

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

CAPITAL ONE (9TH & 10TH FLOOR) 1 OLD STREET YARD, LONDON, EC1Y 8AF
Incorporated 02/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Matthew Charles Knise

director · Since 31/05/2023

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 38

David Michael Bann

director · Since 28/05/2024

VICE PRESIDENT, OPERATIONS AND COMPANY D

AMERICAN · UNITED STATES · Age 47

Jason Steven Frank

secretary · Since 26/08/2024

Sylvain Andre Jacques Langrand

director · Since 04/12/2024

COMPANY DIRECTOR

FRENCH · UNITED KINGDOM · Age 48

Persons with Significant Control

Capital One Financial Corporation

75–100% shares
75–100% votes
Appoint directors

1680, Capital One Drive, Mclean, 22102

Reg: 2419959 · New York Stock Exchange · Delaware Corporation

Notified 31/05/2023

Former PSCs

Mr Alexander Frank Macdonald

Ceased 31/05/2023

Mr Muhammad Ziauddin Yusuf

Ceased 31/05/2023

Charges0 outstanding

Charge
satisfied

DIG INVESTMENT XII AB

Created 06/11/2018Registered 20/11/2018Satisfied 11/08/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 04/11/2016Registered 08/11/2016Satisfied 10/04/2018

CompanyRankvs 13822+ SIC 62090 peers
67

Financial strength90th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Barron Mccann Limited
90
2Synergy Logistics Limited
90
3Newspress Limited
90
4Numerical Algorithms Group Limited (The)
90
5Planet Intelligent Technology Limited
90
6Lynbrook Managed Services Limited
90
7Snap-On Business Solutions Limited
90
8Xenith Document Systems Ltd
90
9Sight And Sound Technology Limited
90
10Htec Limited
90
13822Velocity Mobile Limited
67
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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 29/04/2019

Turnover

£7.8M

Annual revenue

Net Worth

£162k

Balance sheet strength

Cash

£585k

Cash in the bank

Profit Before Tax

-£5.7M

Bottom line earnings

Net Current Assets

-£2.0M

Working capital

Current Assets

£1.7M

Current Liabilities

£3.7M

Fixed Assets

£2.8M

Debtors

£969k

Cost of Sales

£5.1M

Gross Profit

£2.7M

Admin Expenses

£8.4M

Operating Profit

-£5.7M

50avg. employees

Balance Sheet

Intangible assets£2.7M
Assets less current liabilities£808k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20190.46

Derived from filed accounts. Not audited figures.