VELOCITY WORKWEAR LTD Financials
- Company number
- 08399497CopyCopy
- Registered office
- 124 City Road, London EC1V 2NX
- Incorporated
- 12/02/2013
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-41.50%vs 20242024: £813.44K
Total Assets
-6.93%vs 20242024: £2.00M
Cash in Bank
149.08%vs 20242024: £29.34K
Total Liabilities
16.72%vs 20242024: £1.19M
Employees
-1vs 20242024: 4
In 2025, VELOCITY WORKWEAR LTD reported net assets of £475.84K. The same filing shows total assets of £1.86M, cash in bank of £73.08K and total liabilities of £1.39M. Reported headcount was 3 in 2025. Net Assets fell from £813.44K in 2024 to £475.84K in 2025 (-41.50%). Okredo holds filed figures for 2021–2025; 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
-41.50%from £813.44K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures VELOCITY WORKWEAR LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-35.8%vs 2023-19.9% a year compound (CAGR)
Cash in Bank
-73.7%vs 2023-48.7% a year compound (CAGR)
Total Assets
+49.9%vs 2023+22.4% a year compound (CAGR)
Total Liabilities
+215%vs 2023+77.5% a year compound (CAGR)
Employees
-40%vs 2023-2Biggest increase
Total Liabilities+215%
£440.37K in 2023 to £1.39M in 2025
Biggest decrease
Cash in Bank-73.7%
£277.52K in 2023 to £73.08K in 2025
VELOCITY WORKWEAR LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VELOCITY WORKWEAR LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 25.54%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 74.46%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 5.27%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 3.92%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for VELOCITY WORKWEAR LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 419.88K | 618.29K | 740.82K | 813.44K | 475.84K |
| Total Assets£ | 491.84K | 827.73K | 1.24M | 2.00M | 1.86M |
| Cash in Bank£ | 157.82K | 167.27K | 277.52K | 29.34K | 73.08K |
| Total Liabilities£ | 68.41K | 162.33K | 440.37K | 1.19M | 1.39M |
| Employees | 2 | 4 | 5 | 4 | 3 |
VELOCITY WORKWEAR LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VELOCITY WORKWEAR LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
VELOCITY WORKWEAR LTD reported net assets of £475.84K for 2025. That compares with £813.44K in 2024, a change of -41.50%.
VELOCITY WORKWEAR LTD reported total assets of £1.86M for 2025. That compares with £2.00M in 2024, a change of -6.93%.
VELOCITY WORKWEAR LTD reported cash in bank of £73.08K for 2025. That compares with £29.34K in 2024, a change of 149.08%.
VELOCITY WORKWEAR LTD reported 3 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, VELOCITY WORKWEAR LTD's net assets fell by 35.8%, cash in bank fell by 73.7%, total assets rose by 49.9% and total liabilities rose by 215%. Net assets contracted at 19.9% a year across the two years to 2025, from £740.82K to £475.84K. Reported headcount went from 5 in 2023 to 3 in 2025 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.