Velocity Design & Marketing Limited
12305968
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Russ Edgar
English · England · Age 53
Magpas Hq, Barnwell Road, Huntingdon, PE28 4YF
Notified 08/11/2019
Mrs Kirsty Goddard
British · England · Age 55
Magpas Hq, Barnwell Road, Huntingdon, PE28 4YF
Notified 15/09/2021
CompanyRankvs 43124+ SIC 74909 peers44
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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 30/11/2024
Net Worth
-£22k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£20k
Working capital
Current Assets
£21k
Current Liabilities
£40k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.51 | +£14k |
| 2023 | 0.45 | — |
Derived from filed accounts. Not audited figures.