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VELOCITY1 LIMITED Active

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Financial statements of VELOCITY1 LIMITED

According to VELOCITY1 LIMITED latest financial report submitted on 2020-12-31, the company has a Turnover of £3M, Gross-Profit of -£2M while the Cash is £25,390.00. Compared with the previous year, the company reported a Turnover decrease of -32.46%, which is an equivalent of 1.0 million. At the same time, the Gross-Profit went down by 0.0%, or by 0.



Consolidated A/cs

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Turnover 2020

£ 3.2 million

  • Consolidated A/cs

    N

  • Reporting period

    12

  • Working Capital

    £ -924354

  • Profit after Tax

    £ -239814

Reporting period Full financial info

VELOCITY1 LIMITED Business Credit Report

A Business Credit Report for VELOCITY1 LIMITED is available for instant download. The report will provide you with a credit score and credit limit recommendation for VELOCITY1 LIMITED, payment trends, if the company pays their Invoices on time, whether or not the company has any court judgements, ownership and group structure, up to 5 years of financial statements and much more. When you buy a Credit Report from Global Database, you will also have a 7 days free trial to our B2B Sales Platform.


Overall Credit Risk for

VELOCITY1 LIMITED

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Key features

  • Credit Score and Credit Limit
  • Financial accounts for the past 5 years
  • Credit Officers
  • Document Filing history
  • Corporate Ownership
  • Outstanding & Satisfied Mortgages
  • Shareholder Information
  • Company Identity

VELOCITY1 LIMITED Directors and key executives

View all employees

VELOCITY1 LIMITED currently employs 24 people. Compared with the previous year, the company has reported a staff increase of 41%, which is an equivalent of 7 employees.
In order to view contact information, including emails and phone numbers for all the employees working at VELOCITY1 LIMITED and to export them in XL or to your existing CRM, you can subscribe to our platform here.


Total Employee Count

Total employees

24

141%

1y growth

283%

2y growth

Management Level


100

Middle

×
Employee Job Title Email Phone Country
Philip Slavin Director
-
- GB
Christopher Bates Director
-
- GB
James Saunders Director
-
- GB

Get in touch with 3 of contacts working at VELOCITY1 LIMITED

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VELOCITY1 LIMITED Ownership and Group Structure

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VELOCITY1 LIMITED is a subsidiary of QL MANAGEMENT HO************** which holding company is LONE STAR REAL **************, with the following registration number 06240919. The holding group consists of a total of 170 companies, including WEMBLEY NE03 INVE***************, WEMBLEY NE02 INVE***************, QWR PROPERTIES*************, QWR PROPERTIES*************, QUINTAIN *******.


VELOCITY1 LIMITED Shareholders

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There are currently 1 people with significant control at VELOCITY1 LIMITED. One of of major shareholders of VELOCITY1 LIMITED is QL MANAGEMENT HOLDINGS LIMITED, which owns 1125 ORDINARY shares, with a total value of 1,125 GBP.


Name Quantity Share Type Value
QL MANAGEMENT HOLDINGS LIMITED 1125 ORDINARY 1125 GBP

VELOCITY1 LIMITED competitors:

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Top 5 similar companies of VELOCITY1 LIMITED are ENREACH UK LTD, DIRECT MARKET SERVICES LIMITED, PELION IOT LIMITED, INDIGO TELECOM GROUP LIMITED, SEVENVAL LTD. View and export all the competitor list of VELOCITY1 LIMITED by upgrading your account here.


ENREACH UK LTD


Revenue
14,235,361.0
Age
22 years
Employees
124
Industry
View Telecommunication Operators
Website
View networktele*********

DIRECT MARKET SERVICES LIMITED


Revenue
3,302,607.0
Age
24 years
Employees
20
Industry
View Telecommunication Operators
Website
View http://www.d***********

PELION IOT LIMITED


Revenue
25,694,510.0
Age
22 years
Employees
123
Industry
View Telecommunication Operators
Website
View http://www.streamc*****************

INDIGO TELECOM GROUP LIMITED


Revenue
20,456,000.0
Age
24 years
Employees
145
Industry
View Auditing And Consulting Services
Website
View http://www.indigo****************

SEVENVAL LTD


Revenue
383,388.0
Age
20 years
Employees
1
Industry
View Marketing Consultants
Website
View http://sev*********

VELOCITY1 LIMITED news & activities:

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Turnover

VELOCITY1 LIMITED has submitted new account statements and has reported a turnover of £3M, a -32.46% increase year-over-year.

uk.globaldatabase.com

2020-12-31

EBITDA

The VELOCITY1 LIMITED-based company said the adjusted EBITDA is now -£336,625.00, compared with the previous year of -706578.

uk.globaldatabase.com

2020-12-31

Employees

VELOCITY1 LIMITED number of employees has increased by 41% compared with previous year and now represents a total number of 24.

uk.globaldatabase.com

2020-12-31

Frequently Asked Questions regarding VELOCITY1 LIMITED


Where is VELOCITY1 LIMITED registered office?

VELOCITY1 LIMITED is located at GLIDE HOUSE GROUND FLOOR, BUILDING 4, United Kingdom.

How can I contact VELOCITY1 LIMITED?

You can call VELOCITY1 LIMITED at the following number +442037******

How many people work at VELOCITY1 LIMITED?

According to the latest account statement, there are currently 24 of employees working for VELOCITY1 LIMITED.

How much revenue does VELOCITY1 LIMITED make?

Based on the latest financial accounts submitted on 2020-12-31, the company made £3M for 2020, which went down by -32.46%.

What is VELOCITY1 LIMITED EBITDA?

For 2020, VELOCITY1 LIMITED has reported an EBITDA of -£336,625.00, which went up by 109.9% compared to previous year.

What is the Business Credit Score of VELOCITY1 LIMITED and how reliable is the company?

In order to check the business credit score of VELOCITY1 LIMITED, you can request a credit report. You will view the latest credit limit information, ownership, group structure, court judgements and much more.

Does VELOCITY1 LIMITED pay their invoices on time?

By requesting a Business Credit Report for VELOCITY1 LIMITED, you will be able to gain more insights about the VELOCITY1 LIMITED payment trends.

Who is the Ultimate Parent of the VELOCITY1 LIMITED?

Information about the ultimate beneficial ownership LONE STAR REAL ************** of VELOCITY1 LIMITED is available when you order a business credit report.

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