Velocity Composites Plc
Velocity Composites Plc is an active company incorporated on 3 October 2007 with the registered office located in Burnley, Lancashire. Velocity Composites Plc was registered 17 years ago.
Status
Active
Active since incorporation
Company No
06389233
Public limited company
Age
17 years
Incorporated 3 October 2007
Size
Medium
Turnover is under £54M
Under 250 employees
Confirmation
Submitted
Dated 6 December 2024 (9 months ago)
Next confirmation dated 6 December 2025
Due by 20 December 2025 (3 months remaining)
Last change occurred 2 years 8 months ago
Accounts
Submitted
For period 1 Nov ⟶ 31 Oct 2024 (1 year)
Accounts type is Group
Next accounts for period 31 October 2025
Due by 30 April 2026 (7 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Robert St John Smith is a mutual person.
Active
Mr Jonathan Karl Bridges is a mutual person.
Active
Robert St John Smith is a mutual person.
Active
Robert St John Smith is a mutual person.
Active
Mrs Annette Rothwell is a mutual person.
Active
Brands
Velocity Composites is a supplier of composite material kits for aerospace and other high-performance manufacturers, focusing on reducing costs and improving sustainability.
Financials
Net Assets, Total Assets & Total Liabilities (2015–2024)
Period Ended
31 Oct 2024
For period 31 Oct ⟶ 31 Oct 2024
Traded for 12 months
Cash in Bank
£1.66M
Decreased by £1.52M (-48%)
Turnover
£23.01M
Increased by £6.6M (+40%)
Employees
102
Same as previous period
Total Assets
£12.81M
Decreased by £1.9M (-13%)
Total Liabilities
-£6.94M
Decreased by £1.19M (-15%)
Net Assets
£5.87M
Decreased by £702K (-11%)
Debt Ratio (%)
54%
Decreased by 1.13% (-2%)
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Repayment History
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