Velocetec Ltd
11318494
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
30/04/2025
total exemption full
Next accounts due
31/01/2027
Confirmation statement
Last: 20/07/2025
Due 03/08/2026
Industry
Officers
director · Since 02/07/2018
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 2 other boards
director · Since 02/07/2018
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 2 other boards
Former
director · Resigned 07/02/2025
Persons with Significant Control
Velocetec Holdings Ltd
Lake House, 2 Port Way, Portsmouth, PO6 4TY
Reg: 14098330 · Register Of Members · Limited Company
Notified 06/06/2022
Former PSCs
Mr Steven Andrew Johnstone
Ceased 19/07/2018
Charges1 outstanding
LLOYDS BANK PLC
Change History
Active
Private Limited Company
LAKE HOUSE 2 PORT WAY
PORTSMOUTH
CompanyRankvs 6660+ SIC 71129 peers58
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£634k
Balance sheet strength
Cash
£250k
Cash in the bank
Net Current Assets
-£134k
Working capital
Current Assets
£1.5M
Current Liabilities
£1.6M
Fixed Assets
£1.8M
Debtors
£1.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.92 | +£13k |
| 2024 | 0.89 | +£12k |
| 2023 | 0.94 | — |
Derived from filed accounts. Not audited figures.