Velocity Delivery Services Limited
09881809
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Naheem Riasat
director · Since 26/10/2018
British
Former
Chris Hughes
director · Resigned 01/03/2019
Chris Hughes
director · Resigned 31/03/2016
Thomas James Hughes
director · Resigned 18/06/2016
Richard Mark Panter
director · Resigned 26/10/2018
CompanyRankvs 11490+ SIC 53201 peers56
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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 28/11/2024
Net Worth
£138k
Balance sheet strength
Cash
£89k
Cash in the bank
Net Current Assets
-£199k
Working capital
Current Assets
£1.3M
Current Liabilities
£1.5M
Fixed Assets
£411k
Debtors
£1.2M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.87 | -£97k |
| 2023 | 0.85 | — |
Derived from filed accounts. Not audited figures.