Company Overview
Velocity Composites Plc is listed at the official companies registry as Active Public Limited Company. The company was incorporated on Wednesday 03 October 2007, so this is a well established company. Velocity Composites Plc has been in business for 18 years and 5 months. The accounts status is group and the accounts are next due on Thursday 30 April 2026.
Registered Address

Ams Technology Park, Billington Road, Burnley, Lancashire, BB11 5UB
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Companies House Data
Company NameVELOCITY COMPOSITES PLC
Company Number06389233
Registered Office AddressAms Technology Park
 Billington Road
 BB11 5UB
Company CategoryPublic Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date03/10/2007
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date30/04/2027
Accounts Last Made Up Date31/10/2025
Accounts Account CategoryGROUP
Returns Next Due Date31/10/2016
Returns Last Made Up Date03/10/2015
Directors & Members
Show Resigned
David Bailey - Director
(British, 58 years old, born July 1968)
Appointed 09 June 2022
 Active
Andrew Beaden - Director
(British, 59 years old, born October 1967)
Appointed 24 July 2019
 Active
Jonathan Bridges - Director
(British, 52 years old, born August 1974)
Appointed 26 July 2019
 Active
Annette Rothwell - Director
(British, 59 years old, born October 1967)
Appointed 29 March 2022
 Active
Robert Smith - Director
(British, 62 years old, born March 1964)
Appointed 03 June 2024
 Active
Secretaries
Show Resigned
Robert Smith - Secretary
Appointed 03 June 2024
 Active
Other Company Directorships
David Bailey
AEM INDUSTRY ADVISORY LTD
AEROSPACE CONSULTING LTD
NORTH WEST AEROSPACE ALLIANCE
Andrew Beaden
APPROVED TRAINING LIMITED
BEADEN CAPITAL LIMITED
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HANA DIVINE GROUP LTD
IN4.0 ACCESS LIMITED
IN4.0 AT UCLAN LIMITED
IN4.0 ED CIC
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IN4.0 GROUP LIMITED
IN4.0 TALENT LIMITED
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LUXFER GROUP 2000 LIMITED
LUXFER GROUP LIMITED
LUXFER GROUP SERVICES LIMITED
LUXFER HOLDINGS PLC
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MAGNESIUM ELEKTRON LIMITED
PURDY GOES BANG BANG LIMITED
TOUCAN BEAK HOLDINGS LIMITED
Jonathan Bridges
BANJO LIMITED
NORTH WEST AEROSPACE ALLIANCE
Annette Rothwell
MIDLANDS AEROSPACE ALLIANCE
Robert Smith
ADVANCED POWER COMPONENTS LIMITED
APC TECHNOLOGY GROUP LTD
AUTOCORE LIMITED
BIOME BIOPLASTICS LIMITED
BIOME TECHNOLOGIES LIMITED
CURIDIUM LIMITED
CURIDIUM MEDICA LIMITED
FILTRONIC BROADBAND LIMITED
FILTRONIC HOLDINGS UK LIMITED
FILTRONIC PLC
FILTRONIC WIRELESS LTD
FINANCIAL MANAGEMENT & DIRECTION LTD
INGEL TECHNOLOGIES LIMITED
ISOTEK (HOLDINGS) LIMITED
ISOTEK LIMITED
MICHAEL HOWELLS ASSOCIATES LTD
MINIMISE CONTROLS LIMITED
MINIMISE ENERGY SOLUTIONS LIMITED
MINIMISE GROUP LIMITED
REMANUFACTURED SYSTEMS LIMITED
STANELCO RF TECHNOLOGIES LIMITED
STEP BY STEP PARTNERSHIP LTD
VERDICHEM LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2025 31-Oct-2012 31-Oct-2011
Balance Sheet
Fixed Assets 313,511 313,511 213,070
Current Assets 278,704 278,704 167,418
Creditors Due Within One Year 365,550 365,550 215,845
Working Cap -86,846 -86,846 -48,427
Total Assets Less Current Liabilities 226,665 226,665 164,643
Long-term Liabilities 175,806 175,806 107,296
Net Assets 50,859 50,859 57,347
Share Capital & Reserves
Share Cap 99 99 99
Profit & Loss Reserves 50,760 50,760 57,248
Other Reserves 0 0 0
Shareholders Funds 50,859 50,859 57,347
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2025 31-Oct-2012 31-Oct-2011
Tangible Fixed Assets - - -
Fixed Assets 52.9% 52.9% 56.0%
Stocks Inventory 4.6% 4.6% 6.8%
Debtors 37.6% 37.6% 29.9%
Cash Bank In Hand 4.9% 4.9% 7.4%
Current Assets 47.1% 47.1% 44.0%
Creditors Due Within One Year 61.7% 61.7% 56.7%
Net Current Assets Liabilities -14.7% -14.7% -12.7%
Creditors Due After One Year 23.9% 23.9% 20.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 8.6% 8.6% 15.1%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 8.6% 8.6% 15.0%
Shareholder Funds 8.6% 8.6% 15.1%
Capital Employed - - -
Total Assets Less Current Liabilities 38.3% 38.3% 43.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2025 31-Oct-2012 31-Oct-2011
Liquidity Ratio 0.8 0.8 0.8
Solvency Ratio 1.1 1.1 1.2
Reserves to Assets 0.1 0.1 0.2
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2025 31-Oct-2012 31-Oct-2011
Assets 592,215 592,215 380,488
Debt 541,356 541,356 323,141
Net Assets/Debt 50,859 50,859 57,347

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 6 December 2025 with no updates
Statement of capital following an allotment of shares on 7 July 2025
Secretary's details changed for Mr Robert Smith on 23 June 2025
Statement of capital following an allotment of shares on 12 May 2025
Statement of capital following an allotment of shares on 29 April 2025
Statement of capital following an allotment of shares on 28 March 2025
Statement of capital following an allotment of shares on 20 December 2024
Confirmation statement made on 6 December 2024 with no updates
Statement of capital following an allotment of shares on 7 October 2024
Appointment of Mr Robert Smith as a secretary on 3 June 2024
Appointment of Mr Robert St John Smith as a director on 3 June 2024
Termination of appointment of Andrew Hebb as a secretary on 3 June 2024
Resolutions
Statement of capital following an allotment of shares on 24 January 2024
Confirmation statement made on 6 December 2023 with no updates
Statement of capital following an allotment of shares on 6 October 2023
Statement of capital on 25 September 2023
Certificate of reduction of share premium
Reduction of iss capital and minute (oc)
Resolutions
Appointment of Mr Andrew Hebb as a secretary on 23 August 2023
Termination of appointment of Adam Holden as a director on 23 August 2023
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