# VELOCITY ELECTRICS LTD (14324919)

> VELOCITY ELECTRICS LTD is an active private limited company (company number 14324919) incorporated on 30 August 2022, registered in Birmingham. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£740, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 72% on the prior period (−£2,652). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2022-08-30
- Registered office: Birmingham, B13 0TQ
- SIC 43210: Electrical installation
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-13
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,725 comparable companies in Birmingham (median £7,278, upper quartile £44k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | −£740 | — | — | £6,990 | — | — | 0 |
| 2024-08-31 | −£2,652 | £738 | — | £8,990 | — | — | 0 |
| 2023-08-31 | −£1,698 | £292 | — | £8,990 | — | — | 0 |

current ratio 0.29; net assets trend volatile; size band micro.

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

- Net assets below zero: Net assets £-740 at 31 August 2025
- Net assets up 10% or more on the prior period: +72.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.29
- Three or more accounting periods on record: 3 periods on record
- Incorporated two to five years ago: Incorporated 30 August 2022

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

## Persons with significant control

- Mr Sackib Hussain — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2022-08-30

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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/14324919
HTML: https://firmoscan.com/company/14324919-velocity-electrics-ltd