−£12k
vs Aug 2024Active14271503Private limited companyConsett
VELO ELECTRIC LTD
Significant control: Richard Boulger (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Velo Electric Ltd sell?
Registered activity: Retail sale of sports goods, fishing gear, camping goods, boats and bicycles (SIC 47640). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
VELO ELECTRIC LTD is an active private limited company (company number 14271503) incorporated on 2 August 2022, registered in Consett. Its registered activity is retail sale of sports goods, fishing gear, camping goods, boats and bicycles (SIC 47640). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£12k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 110% on the prior period (−£5,796).
Peer position · net assets
By net assets it sits in the bottom quarter of 101 comparable companies in Newcastle (median £1,184, upper quartile £23k).
02
Ownership and control
- Mr Richard Boulger
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 2 August 20224 yrs ago
- Next accounts due
- 31 May 2027in 217 days
- Confirmation statement due
- 16 August 2027in 294 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 47640
- Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
- SIC 77210
- Renting and leasing of recreational and sports goods
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
1
No changevs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | −£12k | — | — | £58k | — | — | 1 |
| 31 August 2024 | −£5,796 | — | — | £44k | — | — | 1 |
Current ratio0.72Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-12,178 at 31 August 2025
- Net assets down 25% or more on the prior period-110.1% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.72
- Incorporated two to five years agoIncorporated 2 August 2022
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 294 days
- Next accounts duein 217 days
- Accounts period endNet liabilities £12k · micro accounts
- Accounts period endNet liabilities £5,796 · micro accounts
- Incorporated
08
Similar companies in Newcastle
- TYNEMOUTH SUP BOARDER LTDNorth Shields · inc. Aug 2022
- VOS (SPORTS) LIMITEDHebburn · inc. Jun 2022
- TIGHT LINES NE LTDBlaydon-On-Tyne · inc. Jun 2022
- SPORT BRANDS INTERNATIONAL LIMITEDWashington · inc. May 2022
- PROTEIN POD VENDING SOLUTIONS LTDNewcastle Upon Tyne · inc. Oct 2022
- FITSOX LTDConsett · inc. Nov 2022
All companies incorporated on 2 August 2022 · in Aug 2022.
09
Reminders for VELO ELECTRIC LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.