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Velocity Steel Ltd

14251090

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

5 BARING ROAD, ROTHERHAM, S61 2BT
Incorporated 22/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Joe Lewis Napper

director · Since 22/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 1 other board

Mr Danny David Napper

director · Since 08/02/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Joe Lewis Napper

50–75% shares
50–75% votes
Appoint directors

British · England · Age 28

5, Baring Road, Rotherham, S61 2BT

Notified 22/07/2022

Mr Danny David Napper

25–50% shares
25–50% votes

British · England · Age 44

5, Baring Road, Rotherham, S61 2BT

Notified 18/03/2024

CompanyRankvs 2789+ SIC 25110 peers
44

Financial strength42th percentile among SIC peers · 11/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees8/15 pts

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

Liquidity6/20 pts

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

Longevity4/15 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 31/07/2025

Net Worth

£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£41k

Current Liabilities

£51k

Fixed Assets

£21k

3avg. employees+3

Balance Sheet

Assets less current liabilities£13k
Prepared with v2025.83.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80-£9k
20241.00+£41k
20230.33—

Derived from filed accounts. Not audited figures.