Velocity Electronics U.K. Limited
09140209
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
small
Next accounts due
31/05/2027
Confirmation statement
Last: 28/06/2025
Due 12/07/2026
Industry
Officers
director · Since 16/12/2016
PRESIDENT AND CEO
AMERICAN · UNITED STATES · Age 58
Persons with Significant Control
Robert Gerald Miller
Canadian · Canada · Age 82
2, New Bailey, Salford, M3 5GS
Notified 06/04/2016
CompanyRankvs 28070+ SIC 46180 peers59
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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 31/08/2024
Net Worth
£128
Balance sheet strength
Cash
£0
Cash in the bank
Net Current Assets
£702k
Working capital
Current Assets
£1.0M
Current Liabilities
£314k
Fixed Assets
£0
Debtors
£1.0M
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.24 | — |
| 2024 | 3.24 | — |
| 2023 | 6.72 | — |
| 2021 | 1.77 | +£111k |
| 2020 | 6.33 | +£14k |
| 2019 | 4.43 | — |
Derived from filed accounts. Not audited figures.