Velocity1 Limited

Other telecommunications activities · Birmingham

ActiveUnited KingdomIncorporated 2007Private Limited Company

Financial position

Accounts to 2022-12-31 · GBP · unknown scope

Net assets

£2,239,049

Cash

£7,644

Turnover

£2,004,139

Profit / loss

—

Current assets

£2,465,090

Creditors < 1 year

£379,913

Equity

£2,239,049

Average employees

GBP · unknown

Two periods with a known, matching scope are needed for a trend.

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

3 periods

Reported figures	2022-12-31GBP · unknown	2021-12-31GBP · unknown	2020-12-31GBP · unknown
Balance sheet
Net assets	£2,239,049	−£120,655	−£449,685
Equity	£2,239,049	£120,655	£449,685
Assets
Fixed assets	£193,067	£213,456	£296,413
Intangible assets	£95,633	£72,168	£123,060
Property, plant & equipment	£97,434	£141,288	£173,353
Current assets	£2,465,090	£2,942,407	£1,097,770
Cash at bank	£7,644	£66,437	£25,390
Debtors	£2,457,446	£2,785,929	£905,165
Stock	£0	£90,041	£167,215
Liabilities
Creditors within one year	£379,913	£697,153	£1,843,868
Creditors after one year	£39,195	£2,579,365	—
Net current assets	£2,085,177	£2,245,254	−£746,098
Assets less current liabilities	£2,278,244	£2,458,710	−£449,685
Profit & loss
Turnover	£2,004,139	£3,150,877	£3,209,691
Gross profit	£1,027,049	£1,278,494	£1,629,655
Operating profit	£2,385,074	−£1,428,467	−£418,070
Profit before tax	£2,381,330	−£1,435,465	−£418,070
People
Average employees	17	29	24
Source evidence	View filing	View filing	View filing