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Velocity Global Limited

10251571

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

WOODBINE STREET, SUNDERLAND, SR1 2NL
Incorporated 25/06/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/06/2025

Due 08/07/2026

On track

Industry

71129
Other engineering activities

Officers

Mr Dominic Gardner

director · Since 25/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Richard Hanna

director · Since 09/12/2016

ENGINEER

LEBANESE · LEBANON · Age 49

Persons with Significant Control

Velocity Patching Limited

25–50% shares
25–50% votes

Woodbine Street, Sunderland, SR1 2NL

Reg: 6840731 · Companies House · Limited By Shares

Notified 09/12/2016

Richard Hanna

25–50% shares
25–50% votes

Lebanese · Lebanon · Age 53

Woodbine Street, Sunderland, SR1 2NL

Notified 09/12/2016

CompanyRankvs 19186+ SIC 71129 peers
38

Financial strength42th percentile among SIC peers · 11/25
Employees10th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees2/15 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.

Longevity10/15 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 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

Current Liabilities

£42k

Debtors

£44k

0avg. employees

Balance Sheet

Intangible assets£0
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2024-£4k

Derived from filed accounts. Not audited figures.