Velocity1 Limited
Active06240919Information & communicationIncorporated 9 May 2007 · Birmingham
Revenue
£2.0m
▼ -36.4% vs prior ~12m period
Profit after tax
£2.4m
Margin 119.0%
Employees
17
▼ -41.4% vs prior ~12m period
Net assets
£2.2m
Total assets £2.7m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
Dec 2020
£3.2m
Dec 2021
£3.2m▼ -1.8%
Dec 2022
£2.0m▼ -36.4%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2022 | £2.0m | ▼ -36.4% | £2.4m | 17 | £2.2m |
| 31 Dec 2021 | £3.2m | ▼ -1.8% | -£1.4m | 29 | -£121k |
| 31 Dec 2020 | £3.2m | — | -£418k | 24 | -£450k |
Latest available figures
Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £2.0m
- Gross profit
- £1.0m
- Operating profit
- £2.4m
- Profit before tax
- £2.4m
- Profit after tax
- £2.4m
Balance sheet
- Total assets
- £2.7m
- Cash
- £8k
- Total liabilities
- £419k
- Net assets
- £2.2m
- Revenue per employee
- £118k
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