# VELOCITY PROPERTY DEVELOPMENT LTD (13681659)

> VELOCITY PROPERTY DEVELOPMENT LTD is an active private limited company (company number 13681659) incorporated on 15 October 2021, registered in York. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 31 March 2025, showing net assets of −£96k, 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 117% on the prior period (−£44k).

- Status: Active
- Incorporated: 2021-10-15
- Registered office: York, YO30 4XG
- SIC 68100: Buying and selling of own real estate
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-10-29
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 18,162 comparable companies in Other (median £1, upper quartile £10k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£96k | — | — | — | — | — | 1 |
| 2024-03-31 | −£44k | — | — | — | — | — | 1 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-96,267 at 31 March 2025
- Net assets down 25% or more on the prior period: -117.0% vs prior period
- Incorporated two to five years ago: Incorporated 15 October 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr James Steven Smethurst — has significant influence or control; has significant influence or control, since 2025-10-14

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13681659
HTML: https://firmoscan.com/company/13681659-velocity-property-development-ltd