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Velocitii Digital Solutions Ltd

11493571

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

41 BALTIMORE HOUSE, LONDON, SW18 1TS
Incorporated 01/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Michael Horrigan

director · Since 01/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Michael Horrigan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 51

41 Baltimore House, Juniper Drive, London, SW18 1TS

Notified 01/08/2018

CompanyRankvs 58617+ SIC 62020 peers
51

Financial strength82th percentile among SIC peers · 21/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/03/2025

Net Worth

£63k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£195k

Working capital

Current Assets

£73k

Current Liabilities

£268k

Fixed Assets

£258k

Debtors

£68k

1avg. employees

Tax at Year End(2022)

Corp tax£24k
VAT£32k

Director Loans

Company owes directors£259k

Balance Sheet

Intangible assets£258k
Assets less current liabilities£63k
Signed by Mr Michael Horrigan 02/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.27-£39k
20240.30-£36k
20230.56-£46k
20225.45+£101k£641k
20211.28

Derived from filed accounts. Not audited figures.