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VELOCITY TECHNOLOGY SOLUTIONS UK LIMITED

Company TypePrivate Limited
Company NumberSC263817
Incorporated2004-02-23
IndustryInformation technology consultancy activities
Phone Number0141 202 6300

Equifax Credit Score

Very high credit score

Overall Risk Score

Below average

Credit Limit

This company has a credit limit below £500k.

Not Verified

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Summary

VELOCITY TECHNOLOGY SOLUTIONS UK LIMITED was formed on the 23rd February 2004 (filed on the 23rd December 2016) , and are based in Lanarkshire, Corunna House. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 14th January 2017 when it was upgraded to the current A from B. Companies house classifies them as Full Accounts. This information was last updated on the 16th January 2017.

In 2015, they made a post-tax profit of £1,553,210 on a turnover of £10,044,706 .

There is 1 major shareholder listed for VELOCITY TECHNOLOGY SOLUTIONS UK LIMITED with Velocity Technology Solutions Uk Holdings Limited owning the most shares by value.

Addresses

Registered address

50 Lothian Road
Edinburgh
EH3 9WJ

Trading address

Corunna House
39 Cadogan Street
Glasgow
Lanarkshire
G2 7AB

Financials

31st December 2015 31st December 2014 31st December 2013 31st August 2012 31st August 2011
Cash £284,648 £844,751 £727,856 £975,708 £777,697
Tangible net worth £3,511,741 £1,958,531 £1,393,935 £944,100 £895,552
Current liabilities £1,897,917 £1,818,473 £1,389,395 £1,838,798 £1,539,448
Current assets £4,733,910 £3,022,837 £2,057,588 £2,146,236 £1,976,543
31st December 2015 31st December 2014 31st December 2013 31st August 2012 31st August 2011
Solvency ratios
Current ratio 2.49 1.66 1.48 1.17 1.28
Efficiency ratios
Return on assets 0.27 - - - -
Return on capital employed 0.49 - - - -
Gearing ratios
Debt to equity ratio 114.25 105.59 76.53 115.12 86.95
Equity ratio 0.00 0.00 0.01 0.01 0.01
Debt ratio 0.06 - - - -
Other ratios
Debtor days - - - - -
Interest cover 42.77 - - - -

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Details of 1 mortgage available.

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