Velocity Transport Solutions Limited
10270494
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 10/07/2025
Due 24/07/2026
Industry
Officers
director · Since 11/07/2016
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 3 other boards
director · Since 06/12/2022
DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 5 other boards
director · Since 26/07/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 32
Also on 4 other boards
Persons with Significant Control
Velocity Uk Limited
Woodbine Street, Sunderland, SR1 2NL
Reg: 03400231 · Companies House · United Kingdom (England And Wales)
Notified 11/07/2016
CompanyRankvs 4059+ SIC 49410 peers75
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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 31/12/2024
Net Worth
£293k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
£264k
Working capital
Current Assets
£1.1M
Current Liabilities
£868k
Fixed Assets
£92k
Debtors
£1.1M
Profit After Tax
£97k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.30 | +£50k |
| 2023 | 1.35 | — |
Derived from filed accounts. Not audited figures.