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VELOCITY UK LIMITED

Company TypePrivate Limited
Company StatusClaim Form
Company Number03400231
Incorporated1997-07-08
IndustryManufacture of equipment for concrete crushing and screening and roadworks
Websitewww.velocitypatching.com
Phone Number0191 565 4400
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

VELOCITY UK LIMITED was formed on the 8th July 1997 (filed on the 30th September 2016) , and are based in Tyne And Wear, Woodbine Street. They are currently rated B and are considered to represent an average risk score. Their credit score was last updated on 20th October 2016 when it was downgraded to the current B from A. Companies house classifies them as Full Accounts. Their current legal status is Claim Form. This information was last updated on the 24th October 2016.

There is 1 major shareholder listed for VELOCITY UK LIMITED with Velocity Works Limited owning the most shares by value.

Addresses

Registered address

Armstrong Works Scottswood Road
Newcastle Upon Tyne
NE1 6UX

Trading address

Woodbine Street
Sunderland
Tyne and Wear
SR1 2NL

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Cash £2,228,100 £2,263,713 £1,536,721 £3,192,394 £677,377
Tangible net worth £651,424 £633,865 £432,822 £236,345 £600,103
Current liabilities £520,008 £747,813 £744,670 £976,848 £1,759,668
Current assets £4,264,892 £4,405,539 £4,218,801 £4,298,577 £1,916,857
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Solvency ratios
Current ratio 8.20 5.89 5.67 4.40 1.09
Efficiency ratios
Return on assets - 0.04 0.04 -0.07 -
Return on capital employed - 0.06 0.05 -0.10 -
Gearing ratios
Debt to equity ratio 53.49 55.37 55.71 57.86 23.07
Equity ratio 0.02 0.02 0.02 0.02 0.03
Debt ratio 0.02 0.00 0.00 0.01 -
Other ratios
Debtor days - - - - -
Interest cover - 28.30 23.66 -36.85 -

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Details of 2 mortgages available.

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