Velocity Technology Solutions UK Limited
Velocity Technology Solutions UK Limited
#SC263817 • Active
B2bServicesSoftware
Velocity Technology is a leading provider of IT support, management, and cybersecurity services across Asia. With a focus on delivering tailored solutions, they help businesses enhance their IT infrastructure and security, ensuring smooth operations and growth.
Founded: 23/02/2004
Industries: Information technology consultancy activitiesComputer facilities management activities
Website: https://velocity-technology.com
Location: Glasgow
Services
- Cloud Services
- Egnyte
- Intune
- It Security
- It Staffing Solutions
Financial Snapshot
Last accounts made up to 31 December 2023
Next accounts due 30 September 2025 (4 months)
Cash in Bank £28,112
↓ -83%
Total Liabilities £1.02m
↓ -35%
Employees 2
↓ -95%
Directors
Name | Role | Appointed ↓ | Nationality | Age |
|---|---|---|---|---|
| Derek Boyd Simpson | Director | 29/05/2024 | British | 63 years |
| Malcolm Joseph Fernandes | Finance Director | 29/05/2024 | British | 52 years |
| Gareth John Newton | Financial Controller | 29/05/2024 | British | 56 years |
Role:
Director
Appointed:
29/05/2024
Nationality:
British
Age:
63 years
Role:
Finance Director
Appointed:
29/05/2024
Nationality:
British
Age:
52 years
Role:
Financial Controller
Appointed:
29/05/2024
Nationality:
British
Age:
56 years
People with Significant Control
| Name | Nature of Control | Notified On | Nationality |
|---|---|---|---|
| Velocity Technology Solutions Uk Holdings Limited | Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors | 29/01/2024 | United Kingdom |
Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors
Notified On:
29/01/2024
Nationality:
United Kingdom
Financial Accounts
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Income Statement | |||
| Turnover | |||
| Export Revenue | |||
| Sales | |||
| Other Operating Income | |||
| Other Operating Items | |||
| Cost of Sales | |||
| Raw Materials & Consumables | |||
| Gross Profit | |||
| Admin Expenses | |||
| Other Operating Charges | |||
| Depreciation | |||
| R&D Expenses | |||
| Operating Profit | |||
| EBITDA | |||
| Financial Revenue | |||
| Financial Expenses | |||
| Financial Profit/Loss | |||
| Interest Paid | |||
| Extraordinary Revenue | |||
| Extraordinary Expenses | |||
| Net Extraordinary Items | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Retained Profit | |||
| Balance Sheet | |||
| Non-Current Assets | |||
| Intangible Assets | |||
| Tangible Fixed Assets | |||
| Other Non-Current Assets | |||
| Current Assets | |||
| Stock | |||
| Debtors | |||
| Cash in Hand | |||
| Other Current Assets | |||
| Called Up Share Capital | |||
| P&L Account Reserve | |||
| Shareholder Funds | |||
| Other Shareholder Funds | |||
| Provisions | |||
| Long Term Debt | |||
| Creditors (> 1 year) | |||
| Other Non-Current Liabilities | |||
| Short Term Debt | |||
| Creditors | |||
| Creditors (< 1 year) | |||
| Other Current Liabilities | |||
| Key Metrics | |||
| Net Assets | |||
| Net Current Assets | |||
| Total Assets Less Current Liabilities | |||
| Working Capital | |||
| Enterprise Value | |||
| Added Value | |||
| Cashflow Before D&A | |||
| Other Information | |||
| Staff Costs | |||
| Number of Employees | |||
Charges
1 charge registered
Clydesdale Bank Public Limited Company Satisfied
Created 06/08/2004Undertaking and all property and assets present and future of the company including uncalled capital...
Properties
No property information available
Grants
No grant information available
Government Council Contracts Beta
Total Council Spend
£27,073,584.49
Across 142 transactions
Contract Period
Oct 2014 - Jun 2024
2 councils
Average Per Council
£13,536,792.25
71 avg. transactions
Council Partners
Derby City Council
Leicestershire County Council
Company Filings
| Date | Category | Description | Document |
|---|---|---|---|
| 03/04/2025 | Confirmation Statement | Confirmation Statement With No Updates | View (3 pages) |
| 20/12/2024 | Accounts | Accounts With Accounts Type Small | View (10 pages) |
| 24/06/2024 | Officers | Termination Director Company With Name Termination Date | View (1 page) |
| 24/06/2024 | Officers | Termination Director Company With Name Termination Date | View (1 page) |
| 24/06/2024 | Officers | Appoint Person Director Company With Name Date | View (2 pages) |
| 24/06/2024 | Officers | Appoint Person Director Company With Name Date | View (2 pages) |
| 24/06/2024 | Officers | Appoint Person Director Company With Name Date | View (2 pages) |