VELOCE RACING LIMITED Financials
- Company number
- 12135917CopyCopy
- Registered office
- 58a Bronsart Road, London SW6 6AA
- Incorporated
- 02/08/2019
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-4.81%vs 20232023: £-5.11M
Cash in Bank
-63.00%vs 20232023: £54.79K
Employees
+6vs 20232023: 4
In 2024, VELOCE RACING LIMITED reported net assets of £-5.36M. The same filing shows cash in bank of £20.27K. Reported headcount was 10 in 2024. Net Assets fell from £-5.11M in 2023 to £-5.36M in 2024 (-4.81%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-4.81%from £-5.11M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures VELOCE RACING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-78.1%vs 2022-53.2% a year compound (CAGR)
Employees
+150%vs 2022+6Biggest increase
Employees+150%
4 in 2022 to 10 in 2024
Biggest decrease
Cash in Bank-78.1%
£92.58K in 2022 to £20.27K in 2024
VELOCE RACING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for VELOCE RACING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -3.81M | -5.11M | -5.36M |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 92.58K | 54.79K | 20.27K |
| Total Liabilities£ | – | – | – |
| Employees | 4 | 4 | 10 |
VELOCE RACING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VELOCE RACING LIMITED covering 2022–2024, across 3 reported indicators. The most recent reported year is 2024.
VELOCE RACING LIMITED reported net assets of £-5.36M for 2024. That compares with £-5.11M in 2023, a change of -4.81%.
VELOCE RACING LIMITED reported cash in bank of £20.27K for 2024. That compares with £54.79K in 2023, a change of -63.00%.
VELOCE RACING LIMITED reported 10 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, VELOCE RACING LIMITED's cash in bank fell by 78.1% and employee numbers rose by 150%. Cash in bank contracted at 53.2% a year across the two years to 2024, from £92.58K to £20.27K. Reported headcount went from 4 in 2022 to 10 in 2024 (+6).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.