Veloces Of London Ltd

Key Facts

Net Assets

Current: £76,620

Previous: £100,873

Change: -24,253 (-24%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £610,956

Previous: £457,988

Change: +£152,968 (+33.4%)

Comment: Current assets increased significantly.

Cash

Current: £119,704

Previous: £8,711

Change: +£110,993 (+1274.2%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £1,646,366

Previous: £1,457,468

Change: +£188,898 (+13%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £1,035,410

Previous: £999,480

Change: +£35,930 (+3.6%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £1,112,030

Previous: £1,100,353

Change: +£11,677 (+1.1%)

Comment: Fixed assets increased slightly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 11

Previous: 11

Change: +0 (+0%)

Comment: No meaningful change.