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Velocity Developers Limited

15136074

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

52 KING STREET, SOUTHALL, UB2 4DB
Incorporated 13/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
68100
Buying and selling of own real estate

Officers

Mr Kuwardeep Singh Gurwara

director · Since 13/09/2023

SELF EMPLOYED

BRITISH · ENGLAND · Age 30

Also on 8 other boards

Mr Sahil Bhatia

director · Since 26/04/2024

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 23

Also on 1 other board

Persons with Significant Control

Mr Kuwardeep Singh Gurwara

25–50% shares
25–50% votes
Appoint directors

British · England · Age 30

52, King Street, Southall, UB2 4DB

Notified 30/11/2023

Mr Sahil Bhatia

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

Indian · England · Age 23

52, King Street, Southall, UB2 4DB

Notified 14/05/2024

Former PSCs

Mr Karooni Lal

Ceased 14/05/2024

Mr Mohit Bhatia

Ceased 14/05/2024

Charges1 outstanding

Charge
outstanding

ALLICA BRIDGING FINANCE LIMITED

Created 07/11/2025Registered 12/11/2025
Charge
satisfied

CAPITAL EDGE BRIDGE LIMITED

Created 30/04/2025Registered 08/05/2025Satisfied 01/10/2025
Charge
satisfied

CAPITAL EDGE BRIDGE LIMITED

Created 30/04/2025Registered 08/05/2025Satisfied 01/10/2025

CompanyRankvs 21830+ SIC 41100 peers
53

Financial strength70th percentile among SIC peers · 18/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 64.25× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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21830Velocity Developers Limited
62
How is this score calculated?
Financial strength18/25 pts

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

Employees7/15 pts

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

Liquidity20/20 pts

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

Longevity3/15 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.

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 28/02/2025

Net Worth

£27k

Balance sheet strength

Cash

£740k

Cash in the bank

Net Current Assets

£792k

Working capital

Current Assets

£804k

Current Liabilities

£13k

Debtors

£65k

1avg. employees

Balance Sheet

Assets less current liabilities£792k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
202564.25

Derived from filed accounts. Not audited figures.