VELOCITY UK LIMITED
Get an alert when VELOCITY UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-22 (in 2mo)
Last made up 2025-07-08
Watchouts
None on the register
Cash
£785K
-30.8% vs 2023
Net assets
£2M
+13.4% highest in 3 filed years
Employees
122
+8.9% highest in 3 filed years
Profit before tax
£352K
-4.3% first positive since 2022
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £10,531,129 | £12,031,800 | |
| Operating profit | — | £465,645 | £497,306 | |
| Profit before tax | -£1,313,512 | £367,549 | £351,579 | |
| Net profit | -£1,215,663 | £440,560 | £234,993 | |
| Cash | £288,057 | £1,133,927 | £784,672 | |
| Total assets less current liabilities | £3,011,213 | £3,531,025 | £6,315,392 | |
| Net assets | £1,315,839 | £1,756,399 | £1,991,392 | |
| Equity | £1,315,839 | £1,756,399 | £1,991,392 | |
| Average employees | 112 | 112 | 122 | |
| Wages | £4,055,247 | £3,896,186 | £4,539,350 | |
| Directors' remuneration | £109,733 | £109,898 | £198,313 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+14.2%
£10,531,129 £12,031,800
-
Cash
-30.8%
£1,133,927 £784,672
-
Net assets
+13.4%
£1,756,399 £1,991,392
highest in 3 filed years
-
Employees
+8.9%
112 122
highest in 3 filed years
-
Operating profit
+6.8%
£465,645 £497,306
-
Profit before tax
-4.3%
£367,549 £351,579
first positive since 2022
-
Wages
+16.5%
£3,896,186 £4,539,350
highest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 4.4% | 4.1% | |
| Net margin | — | 4.2% | 2.0% | |
| Return on capital employed | — | 13.2% | 7.9% | |
| Current ratio | — | 2.35x | 5.02x | |
| Interest cover | — | 4.75x | 2.64x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- VELOCITY UK LIMITED 2009-02-16 → present
- JETPATCHER (UK) LIMITED 1997-07-08 → 2009-02-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- VELOCITY UK LIMITED · parent
- Velocity Transport Solutions Limited 100%
- Velocity Patching Limited 100%
- Velocity Road Solutions Inc 100%
- Archway Roadmaster UK Ltd 100%
Significant events
- “On the 29th July 2024 Velocity acquired a 100% of the issued capital of Archway Roadmaster UK Limited, strengthening the groups offering to the highways industry.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GARDNER, Dominic | Director | 2011-07-01 | Jun 1980 | British |
| GRAY, Lee | Director | 2024-07-26 | Jul 1993 | British |
| REECE, John Peter | Director | 2022-12-06 | Jun 1961 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEXTALL, Barry Kenneth | Secretary | 2003-01-01 | 2004-04-28 |
| HOSKING, Audrey | Secretary | 2006-12-06 | 2012-05-02 |
| JENNINGS, Elizabeth Ann | Secretary | 2004-04-28 | 2011-07-01 |
| JENNINGS, Elizabeth Ann | Secretary | 1997-07-08 | 2003-01-01 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 1997-07-08 | 1997-07-08 |
| ANDERTON, Roger David | Director | 2012-04-11 | 2017-02-28 |
| JACKSON, Richard William Welton, Mr. | Director | 2003-07-01 | 2012-05-02 |
| JENNINGS, David Hugh | Director | 1997-07-08 | 2011-07-01 |
| JENNINGS, Elizabeth Ann | Director | 2001-09-20 | 2011-07-01 |
| KITE, Philip John | Director | 2012-04-11 | 2017-03-28 |
| LAMB, Ryan Dennis | Director | 2019-09-25 | 2022-12-06 |
| PERRIN, Jonathan Paul | Director | 2004-03-25 | 2011-07-07 |
| REECE, John Peter | Director | 2011-07-01 | 2019-09-25 |
| SEELEY, Michael David | Director | 2005-01-27 | 2006-12-11 |
| VALENTINE, Francis Anthony Brinsley | Director | 1997-09-03 | 2011-07-01 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 1997-07-08 | 1997-07-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Velocity Roads Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 127 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-29 | AA | accounts | Accounts with accounts type full | |
| 2024-01-07 | AA | accounts | Accounts with accounts type full | |
| 2023-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-04 | AA | accounts | Accounts with accounts type small | |
| 2022-09-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-09-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-07 | AD02 | address | Change sail address company with old address new address | |
| 2021-10-02 | AA | accounts | Accounts with accounts type small | |
| 2021-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-06 | AA | accounts | Accounts with accounts type small | |
| 2020-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.