Velociti Midco Limited
12348996
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/06/2024
CHIEF EXECUTIVE OFFICER
BRITISH · UNITED KINGDOM · Age 54
Also on 11 other boards
director · Since 16/09/2024
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND · Age 43
Also on 12 other boards
Persons with Significant Control
Velociti Topco Limited
20, Harris Business Park, Bromsgrove, B60 4BD
Reg: 12264066 · United Kingdom · Private Company Limited By Shares
Notified 04/12/2019
Charges1 outstanding
KROLL TRUSTEE SERVICES LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES.
TRIPLE POINT ADVANCR LEASING PLC
SANTANDER UK PLC
CompanyRankvs 32852+ SIC 64209 peers22
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
£51k
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£1.4M
Bottom line earnings
Net Current Assets
£7.8M
Working capital
Current Assets
—
Current Liabilities
£132k
Debtors
£7.9M
Profit After Tax
£1.4M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | +£1.3M |
| 2023 | -£399k |
| 2022 | -£332k |
| 2021 | -£312k |
Derived from filed accounts. Not audited figures.